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USDA REPORTS CASH RECEIPTS BY LIVESTOCK GROUPS, CATTLE THE HIGHEST
Jan. 25, 2023
Source: USDA
U.S. farm cash receipts from animals and animal products totaled $195.8 billion in 2021, led by receipts for cattle and calves at $72.9 billion (37 percent).
Poultry and egg products made up the next largest share of 2021 cash receipts at $46.1 billion (24 percent), followed by dairy at $41.8 billion (21 percent), hogs at $28.0 billion (14 percent), and other animals and animal products at $7.0 billion (4 percent).
As part of its Farm Income and Wealth Statistics data product, each year in late August or early September, USDA, Economic Research Service (ERS) releases estimates of the prior year's farm sector cash receipts from agricultural commodity sales. These data include cash receipt estimates by type of commodity, which can help in understanding the U.S. farm sector.
The estimates may be revised as new information becomes available.
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