Us Farm Income

Download or read book U.S. Farm Income written by and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a result, farm income and rural economic conditions may vary substantially across the United States.1 However, this report focuses singularly on aggregate national net farm income and the farm debt-to-asset status as reported by the U. S. Department of Agriculture (USDA).2 Annual U. S. net farm income is the single most watched indicator of farm sector well-being, as it captures and reflects th [...] When national net farm income is reported together with a measure of the national farm debt-to-asset situation, the two summary statistics provide a quick indicator of the economic well-being of the national farm economy. [...] In contrast to net cash income, net farm income includes the value of home consumption, changes in inventories, capital replacement, and implicit rent and expenses related to the farm operator's dwelling that are not reflected in cash transactions during the current year. [...] Farmers can manage the timing of crop and livestock sales and of the purchase of inputs to stabilize the variability in their net cash income. [...] S. and State Farm Income Data," available as part of the Farm Income Data Files, Farm Income and Costs Briefing Room, Economic Research Service (ERS), USDA, at .