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USDA ISSUES "FARM INCOME AND WEALTH STATISTICS" REPORT
Feb. 25, 2013
Economic Research Service (ERS) reports:
This data product provides indicators of economic performance for the U.S. farm sector and major crop and livestock farm groups. Farm balance sheet estimates are used by USDA and other public and private sector clients to form a perspective about the financial health of the U.S. agricultural economy.
Distributional analyses identify sub-sectors and business types that are performing well relative to past trends and to other groups and types of farms. Identification of these businesses enables analysts to more closely examine factors contributing to financial performance, such as assessment of debt-repayment difficulties of specific farm types, industry sub-sectors, and regions of the country.
The August 28 update converts the 2011 farm income and balance sheet forecasts to estimates, adds farm income State-level estimates for 2011, and updates the 2012 forecast.
To view complete report, click here.
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