USDA Issues: “Farm Income And Wealth Statistics” Report.


hese are the latest U.S. farm sector income and wealth statistics data. The data include historical U.S. and State-level farm income and wealth estimates, as well as U.S.-level forecasts for the current calendar year.

These data are released three times a year: in February, August, and November. The U.S.-level calendar-year forecast is first provided in February, and is updated in August and November. The August release converts the prior years farm income and balance sheet forecasts to estimates, adds State-level farm income estimates, and revises previous years’ estimates. The November release updates the current year’s forecast and revises previous years’ estimates, as needed.

Data are as of November 29, 2017. The next scheduled forecast release is February 7, 2018.


Note: Estimates are subject to revision in cases where additional information becomes available. Because USDA’s National Agricultural Statistics Service estimates are a primary source of information to the accounts, revisions made to NASS estimates are incorporated into ERS estimates when preliminary estimates are finalized. Examples include revisions in official estimates of commodity production resulting from new census data. Estimates may also be revised when administrative data are changed.


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