{ "id": "R40152", "type": "CRS Report", "typeId": "REPORTS", "number": "R40152", "active": true, "source": "EveryCRSReport.com, University of North Texas Libraries Government Documents Department", "versions": [ { "source": "EveryCRSReport.com", "id": 573808, "date": "2017-10-04", "retrieved": "2018-05-10T12:24:44.031219", "title": "U.S. Farm Income Outlook for 2017", "summary": "According to USDA\u2019s Economic Research Service (ERS), national net farm income\u2014a key indicator of U.S. farm well-being\u2014is forecast at $63.4 billion in 2017, up 3% from last year. The forecast rise in 2017 net farm income comes after three consecutive years of decline from 2013\u2019s record high of $123.8 billion. Net farm income is calculated on an accrual basis. Net cash income (calculated on a cash-flow basis) is also projected to be up in 2017 but by a larger share (12.6%), driven largely by sales from previous years\u2019 inventory, to $100.4 billion.\nThe 2017 net farm income forecast is substantially below the 10-year average of $86.4 billion and would be the second lowest since 2003 in inflation-adjusted dollars. This is primarily the result of the outlook for continued weak prices for corn, soybeans, and cotton. Most crops and livestock product prices remain significantly below the average for the period of 2011-2013, when prices for many major commodities attained record or near-record highs. Net farm income is down 49% since 2013; net cash income is down 26%. Farm-sector production expenses have fallen slightly over that period (-1%) but not nearly as quickly as commodity prices and revenue, thus contributing to lower aggregate income totals. \nPartially offsetting the decline in farm revenues is a rise in government payments since 2013 (+18%). In 2017, payments are projected at $13.0 billion, down slightly (-0.2%) from 2016. The Price Loss Coverage (PLC) and Agricultural Risk Coverage (ARC) revenue support programs for major field crops are expected to trigger payments of $8.4 billion in 2017, up 2.5% from 2016. \nU.S. farm income experienced a golden period during 2011 through 2014, due to strong commodity prices and agricultural exports. In 2017 agricultural exports are forecast to be up 8%, at $139.8 billion, due largely to an improving economic outlook in several major foreign importing countries\u2014but still well below 2014\u2019s record of $152.3 billion. U.S. agricultural exports are projected to account for 33% of farm sector gross earnings in 2017.\nIn addition to the outlook for slightly higher net farm income in 2017, farm wealth is also projected to be up 4% from 2016, to $3,075 billion. Farm asset values reflect farm investors\u2019 and lenders\u2019 expectations about long-term profitability of farm sector investments. The outlook for slightly higher farm income has reversed the decline in farmland values experienced in 2016. Because they comprise such a significant portion of the U.S. farm sector\u2019s asset base (81%), change in farmland values is a critical barometer of the farm sector\u2019s financial performance.\nAt the farm household level, average farm household incomes have been well ahead of average U.S. household incomes since the late 1990s. In 2015 (the last year for which comparable data were available), the average farm household income (including off-farm income sources) of $119,880 was about 51% higher than the average U.S. household income of $79,263.\nThe outlook for a slight rise in net farm income and farm wealth suggests that the farm economy has at least temporarily stabilized but with substantial regional variation. Relatively weak prices for most major program crops signal continued tough times ahead. Heading into 2018, the financial picture for the agricultural sector as a whole remains dependent on continued growth in domestic and foreign demand sources to sustain prices at current modest levels. Improvements in agricultural economic well-being will hinge on crop harvests and prices, as well as both domestic and international macroeconomic factors, including economic growth and consumer demand.\nThis report is an update of the February 2017 version to take account of USDA\u2019s August 30, 2017, farm income update and the August 29, 2017, U.S. agricultural trade outlook update.", "type": "CRS Report", "typeId": "REPORTS", "active": true, "formats": [ { "format": "HTML", "encoding": "utf-8", "url": "http://www.crs.gov/Reports/R40152", "sha1": "1466bb8bc4e1bb4d54eece82acffc7f7a04b6677", "filename": "files/20171004_R40152_1466bb8bc4e1bb4d54eece82acffc7f7a04b6677.html", "images": { "/products/Getimages/?directory=R/html/R40152_files&id=/24.png": "files/20171004_R40152_images_33c397f6e1c42958a5e797d89fbf94a8228d12b1.png", "/products/Getimages/?directory=R/html/R40152_files&id=/17.png": "files/20171004_R40152_images_35e7299cb61782477bd6998666fce8545676fd10.png", 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"name": "Farm Support" } ] }, { "source": "EveryCRSReport.com", "id": 458943, "date": "2017-02-14", "retrieved": "2017-02-15T21:39:14.089351", "title": "U.S. Farm Income Outlook for 2017", "summary": "According to USDA\u2019s Economic Research Service (ERS), national net farm income\u2014a key indicator of U.S. farm well-being\u2014is forecast at $62.3 billion in 2017, down nearly 9% from last year. The 2016 forecast represents the fourth consecutive year of decline from 2013\u2019s record high of $123.7 billion and would be the lowest since 2002 in both nominal and inflation-adjusted dollars. Net farm income is calculated on an accrual basis. Net cash income (calculated on a cash-flow basis) is projected up slightly in 2017, driven largely by sales from previous years\u2019 inventory, to $93.5 billion.\nThe forecast for a fourth year of lower net farm income is primarily the result of the outlook for continued weak prices for most crop and livestock products compared with the period of 2011-2013, when prices for many major commodities experienced record or near-record highs. Net farm income is down 50% since 2013. Farm sector production expenses have also fallen over the period (-3%) but not nearly as fast, thus contributing to lower aggregate income totals. \nPartially offsetting the decline in farm revenues is a rise in government payments since 2013 (+13%). In 2017 payments are projected at $12.5 billion, down slightly (-4%) from 2016. The Price Loss Coverage (PLC) and Agricultural Risk Coverage (ARC) revenue support programs are expected to trigger payments of nearly $9 billion in 2017 following an $8 billion payout in 2016. However, payments for conservation, disaster assistance, and marketing loan benefits are all projected slightly lower in 2017. \nU.S. farm income experienced a golden period during 2011 through 2014, due to strong commodity prices and agricultural exports. In 2017 agricultural exports are forecast up 3% at $134 billion, well below 2014\u2019s record $152.3 billion\u2014due largely to a strong U.S. dollar coupled with a continued weak economic outlook in several major foreign importing countries. U.S. agricultural exports are projected to account for 33% of farm sector gross earnings in 2017.\nIn addition to the outlook for lower net farm income in 2017, farm wealth is projected to decline for a third consecutive year (down about 1% from 2016) to $2,836 billion. Farm asset values reflect farm investors\u2019 and lenders\u2019 expectations about long-term profitability of farm sector investments. The outlook for lower commodity prices and the expected decline from the past four years\u2019 strong outlook for the general farm economy have reversed the growth of farmland values. Because they comprise such a significant portion of the U.S. farm sector\u2019s asset base (81%), change in farmland values is a critical barometer of the farm sector\u2019s financial performance.\nAt the farm-household level, average farm household incomes have been well ahead of average U.S. household incomes since the late 1990s. In 2015 (the last year for which comparable data were available), the average farm household income (including off-farm income sources) of $119,880 was about 51% higher than the average U.S. household income of $79,263.\nThe outlook for a fourth year of lower net farm income, coupled with a third year of lower farm wealth, suggests a weakening financial picture for the agricultural sector as a whole heading into 2017, with substantial regional variation. Relatively weak prices for most major program crops signal tougher times ahead. Low prices are expected to trigger substantial payments under the new safety net programs of the 2014 farm bill; however, eventual 2017 agricultural economic well-being will hinge on crop prospects and prices, as well as both domestic and international macroeconomic factors, including economic growth and consumer demand.\nThis report is updated to include USDA\u2019s February 7, 2017, farm income update and the November 25, 2016, U.S. agricultural trade outlook update.", "type": "CRS Report", "typeId": "REPORTS", "active": true, "formats": [ { "format": "HTML", "encoding": "utf-8", "url": "http://www.crs.gov/Reports/R40152", "sha1": "2c033b6974262855f7c84f70fd7b417a112faf8b", "filename": "files/20170214_R40152_2c033b6974262855f7c84f70fd7b417a112faf8b.html", "images": null }, { "format": "PDF", "encoding": null, "url": "http://www.crs.gov/Reports/pdf/R40152", "sha1": "e588b147a6950ef48494567210cb5b08c5393c3d", "filename": "files/20170214_R40152_e588b147a6950ef48494567210cb5b08c5393c3d.pdf", "images": null } ], "topics": [ { "source": "IBCList", "id": 4919, "name": "Farm Support" } ] }, { "source": "EveryCRSReport.com", "id": 457925, "date": "2016-12-29", "retrieved": "2017-01-03T22:36:49.368390", "title": "U.S. Farm Income Outlook for 2016", "summary": "According to USDA\u2019s Economic Research Service (ERS), national net farm income\u2014a key indicator of U.S. farm well-being\u2014is forecast at $66.9 billion in 2016, down 17% from last year. The 2016 forecast represents the third consecutive year of decline and would be the lowest since 2009 in both nominal and inflation-adjusted dollars. Net farm income is calculated on an accrual basis. Net cash income (calculated on a cash-flow basis) is also projected lower in 2016, down 15% to $90.1 billion.\nThe forecast for lower net farm income and net cash income is primarily the result of the outlook for lower livestock receipts\u2014down over $23 billion (-12%). Record yields helped to offset lower crop prices, leaving total crop revenues unchanged in 2016. The resulting fall in total cash receipts reflects continued declines in prices for most commodities compared with the period of 2011-2013, when prices for many major commodities experienced record or near-record highs. \nPartially offsetting the decline in farm revenues is a mild decline of about 3% in farm cash expenses. In addition, government payments are projected up by 19% in 2016 to $12.9 billion. The 2014 farm bill (Agricultural Act of 2014; P.L. 113-79) eliminated direct payments of nearly $5 billion per year and replaced them with a new suite of revenue support programs. In particular, the Price Loss Coverage (PLC) and Agricultural Risk Coverage (ARC) programs are expected to trigger payments of nearly $8 billion in 2016 following a $5 billion payout in 2015. \nU.S. farm income experienced a golden period during 2011 through 2014, driven largely by strong commodity prices and agricultural exports. Agricultural exports are forecast lower in 2016, down 7% from 2015\u2019s total and well below 2014\u2019s record $152.3 billion\u2014due largely to a strong U.S. dollar coupled with a continued weak economic outlook in several major foreign importing countries. However, despite the year-over-year decline, U.S. agricultural exports are still projected to account for over 30% of farm sector gross earnings in 2016.\nIn addition to the outlook for lower farm income in 2016, farm wealth is projected to decline for a second consecutive year (down about 2% from 2015) to $2,849 billion. Farm asset values reflect farm investors\u2019 and lenders\u2019 expectations about long-term profitability of farm sector investments. The outlook for lower commodity prices and the expected decline from the past four years\u2019 strong outlook for the general farm economy have reversed the growth of farmland values. Because they comprise such a significant portion of the U.S. farm sector\u2019s asset base, change in farmland values is a critical barometer of the farm sector\u2019s financial performance.\nAt the farm-household level, average farm household incomes have been well ahead of average U.S. household incomes since the late 1990s. In 2015 (the last year for which comparable data were available), the average farm household income (including off-farm income sources) of $119,880 was about 51% higher than the average U.S. household income of $79,263.\nThe outlook for a third year of lower net farm income, coupled with a second year of lower farm wealth, suggests a weakening financial picture for the agricultural sector as a whole heading into 2017, with substantial regional variation. Relatively weak prices for most major program crops signal tougher times ahead. Low prices are expected to trigger substantial payments under the new safety net programs of the 2014 farm bill; however, eventual 2017 agricultural economic well-being will hinge on crop prospects and prices, as well as both domestic and international macroeconomic factors, including economic growth and consumer demand.\nThis report is updated to include USDA\u2019s November 30, 2016, farm income update and the November 25, 2016, U.S. agricultural trade outlook update.", "type": "CRS Report", "typeId": "REPORTS", "active": true, "formats": [ { "format": "HTML", "encoding": "utf-8", "url": "http://www.crs.gov/Reports/R40152", "sha1": "c7d6532454372a310c072711089f270eeeec0137", "filename": "files/20161229_R40152_c7d6532454372a310c072711089f270eeeec0137.html", "images": null }, { "format": "PDF", "encoding": null, "url": "http://www.crs.gov/Reports/pdf/R40152", "sha1": "32a9303c9b331037e91c713aa303bb6bf6d8e2e0", "filename": "files/20161229_R40152_32a9303c9b331037e91c713aa303bb6bf6d8e2e0.pdf", "images": null } ], "topics": [ { "source": "IBCList", "id": 4919, "name": "Farm Support" } ] }, { "source": "EveryCRSReport.com", "id": 455660, "date": "2016-09-07", "retrieved": "2016-11-28T21:38:31.060345", "title": "U.S. Farm Income Outlook for 2016", "summary": "According to USDA\u2019s Economic Research Service (ERS), national net farm income\u2014a key indicator of U.S. farm well-being\u2014is forecast at $71.5 billion in 2016, down 12% from last year. The 2016 forecast represents the third consecutive year of decline and would be the lowest since 2009 in both nominal and inflation-adjusted dollars. Net farm income is calculated on an accrual basis. Net cash income (calculated on a cash-flow basis) is also projected lower in 2016, down 13% to $94.1 billion.\nThe forecast for lower net farm income and net cash income is the result of the outlook for lower crop and livestock receipts\u2014down a combined $26 billion (-7%). The fall in cash receipts reflects continued declines in prices for most commodities compared with the period of 2011-2013, when prices for many major commodities experienced record or near-record highs. \nPartially offsetting the decline in farm revenues is a mild decline of about 3% in farm cash expenses. In addition, government payments are projected up by 25% to $13.5 billion. The 2014 farm bill (Agricultural Act of 2014; P.L. 113-79) eliminated direct payments of nearly $5 billion per year and replaced them with a new suite of revenue support programs. In particular, the Price Loss Coverage (PLC) and Agricultural Risk Coverage (ARC) programs are expected to trigger payments of nearly $9 billion in 2016. \nU.S. farm income experienced a golden period during 2011 through 2014, driven largely by strong commodity prices and agricultural exports. Agricultural exports are forecast lower in 2016, down 9% from 2015\u2019s total and well below 2014\u2019s record $152.3 billion\u2014due largely to a strong U.S. dollar coupled with a continued weak economic outlook in several major foreign importing countries. However, despite the year-over-year decline, U.S. agricultural exports are still projected to account for over 30% of farm sector gross earnings in 2016.\nIn addition to the outlook for lower farm income in 2016, farm wealth is projected to decline for a second consecutive year (down about 2% from 2015) to $2,846 billion. Farm asset values reflect farm investors\u2019 and lenders\u2019 expectations about long-term profitability of farm sector investments. The outlook for lower commodity prices and the expected decline from the past four years\u2019 strong outlook for the general farm economy have reversed the growth of farmland values. Because they comprise such a significant portion of the U.S. farm sector\u2019s asset base, change in farmland values is a critical barometer of the farm sector\u2019s financial performance.\nAt the farm-household level, average farm household incomes have been well ahead of average U.S. household incomes since the late 1990s. In 2014 (the last year for which comparable data were available), the average farm household income (including off-farm income sources) of $134,165 was about 77% higher than the average U.S. household income of $75,738.\nThe outlook for a third year of lower net farm income, coupled with a second year of lower farm wealth, suggests a weakening 2016 financial picture for the agricultural sector as a whole, with substantial regional variation. Declining prices for most major program crops signal tougher times ahead. Falling prices are expected to trigger substantial payments under the new safety net programs of the 2014 farm bill; however, eventual 2016 agricultural economic well-being will hinge on final crop harvests and prices, as well as both domestic and international macroeconomic factors, including economic growth and consumer demand.\nThis report is updated to include USDA\u2019s August 30, 2016, farm income update and the August 25, 2016, U.S. agricultural trade outlook update.", "type": "CRS Report", "typeId": "REPORTS", "active": true, "formats": [ { "format": "HTML", "encoding": "utf-8", "url": "http://www.crs.gov/Reports/R40152", "sha1": "00f2829dc1744b4b93eac763a95aed771f8b1fce", "filename": "files/20160907_R40152_00f2829dc1744b4b93eac763a95aed771f8b1fce.html", "images": null }, { "format": "PDF", "encoding": null, "url": "http://www.crs.gov/Reports/pdf/R40152", "sha1": "de58307153d2e620c57f0f6714653856ba7b6916", "filename": "files/20160907_R40152_de58307153d2e620c57f0f6714653856ba7b6916.pdf", "images": null } ], "topics": [ { "source": "IBCList", "id": 4919, "name": "Farm Support" } ] }, { "source": "EveryCRSReport.com", "id": 449836, "date": "2016-02-16", "retrieved": "2016-04-06T17:10:11.046960", "title": "U.S. Farm Income Outlook for 2016", "summary": "According to USDA\u2019s Economic Research Service (ERS), national net farm income\u2014a key indicator of U.S. farm well-being\u2014is forecast at $54.8 billion in 2016, down 3% from last year. The 2016 forecast represents the third consecutive year of decline and would be the lowest since 2002 in both nominal and inflation-adjusted dollars. Net farm income is calculated on an accrual basis. Net cash income (calculated on a cash-flow basis) is also projected lower in 2016, down 2.5% to $90.9 billion.\nThe forecast for lower net farm income and net cash income is the result of the outlook for lower crop and livestock receipts\u2014down a combined 2.5% ($9.6 billion). The fall in cash receipts reflects continued declines in prices for most commodities compared with the period of 2011-2013, when prices for many major commodities experienced record or near-record highs. \nPartially offsetting the decline in farm revenues is a mild decline of about 3% in farm cash expenses. In addition, government payments are projected up by 31% to $13.9 billion. The 2014 farm bill (Agricultural Act of 2014; P.L. 113-79) eliminated direct payments of nearly $5 billion per year and replaced them with a new suite of revenue support programs. In particular, the new Price Loss Coverage (PLC) and Agricultural Risk Coverage (ARC) programs are expected to trigger payments in excess of $9 billion in 2016. \nU.S. farm income experienced a golden period during 2011 through 2014, driven largely by strong commodity prices and agricultural exports. In particular, U.S. agricultural exports are projected to account for over 30% of earnings in 2016. However, agricultural exports are forecast lower in 2016, down 6% from 2015\u2019s total and well below 2014\u2019s record $152.5 billion\u2014due largely to a strengthening U.S. dollar coupled with a weakening economic outlook in several major foreign importing countries.\nIn addition to the outlook for lower farm income in 2016, farm wealth is projected to decline for a second consecutive year (down about 2% from 2015) to $2,815 billion. Farm asset values reflect farm investors\u2019 and lenders\u2019 expectations about long-term profitability of farm sector investments. The outlook for lower commodity prices and the expected decline from the past four years\u2019 strong outlook for the general farm economy have slowed the previously rapid growth of farmland values. Because they comprise such a significant portion of the U.S. farm sector\u2019s asset base, change in farmland values is a critical barometer of the farm sector\u2019s financial performance.\nAt the farm-household level, average farm household incomes have surged ahead of average U.S. household incomes since the late 1990s. In 2014 (the last year for which comparable data were available), the average farm household income (including off-farm income sources) of $131,754 was about 74% higher than the average U.S. household income of $75,738.\nThe outlook for a third year of lower net farm income, coupled with a second year of lower farm wealth, suggests a mixed financial picture heading into 2016 for the agricultural sector as a whole, with substantial regional variation. Declining prices for most major program crops signal tougher times ahead. Falling prices are expected to trigger substantial payments under the new safety net programs of the 2014 farm bill; however, eventual 2016 agricultural economic well-being will hinge on crop prospects and prices, as well as both domestic and international macroeconomic factors, including economic growth and consumer demand.\nThis report is updated to include USDA\u2019s February 9, 2016, farm income update, the December 2, 2015, U.S. agricultural trade outlook update, and the December 15, 2015, early release of long-term baseline projections.", "type": "CRS Report", "typeId": "REPORTS", "active": true, "formats": [ { "format": "HTML", "encoding": "utf-8", "url": "http://www.crs.gov/Reports/R40152", "sha1": "3c5b406451c8eda4cecba40c20d300b1957f0592", "filename": "files/20160216_R40152_3c5b406451c8eda4cecba40c20d300b1957f0592.html", "images": null }, { "format": "PDF", "encoding": null, "url": "http://www.crs.gov/Reports/pdf/R40152", "sha1": "bff903be9bdaa8848f0f9869fd8b5d3eb2968a9d", "filename": "files/20160216_R40152_bff903be9bdaa8848f0f9869fd8b5d3eb2968a9d.pdf", "images": null } ], "topics": [ { "source": "IBCList", "id": 641, "name": "Farm Bill and Agricultural Policy" } ] }, { "source": "University of North Texas Libraries Government Documents Department", "sourceLink": "https://digital.library.unt.edu/ark:/67531/metadc503519/", "id": "R40152_2015Feb18", "date": "2015-02-18", "retrieved": "2015-04-30T17:37:21", "title": "U.S. Farm Income Outlook for 2015", "summary": "This report discusses national net farm income, which is a key indicator of U.S. farm well-being. The outlook for lower net farm income, coupled with record farm wealth, suggests a mixed financial picture heading into 2015 for the agricultural sector as a whole, with substantial regional variation.", "type": "CRS Report", "typeId": "REPORT", "active": false, "formats": [ { "format": "PDF", "filename": "files/20150218_R40152_9030df6b50eeae98e7817cc89ca79547ee1fb07f.pdf" }, { "format": "HTML", "filename": "files/20150218_R40152_9030df6b50eeae98e7817cc89ca79547ee1fb07f.html" } ], "topics": [ { "source": "LIV", "id": "Agriculture", "name": "Agriculture" }, { "source": "LIV", "id": "Agricultural economics", "name": "Agricultural economics" }, { "source": "LIV", "id": "Farm income", "name": "Farm income" } ] }, { "source": "University of North Texas Libraries Government Documents Department", "sourceLink": "https://digital.library.unt.edu/ark:/67531/metadc812869/", "id": "R40152_2014Feb28", "date": "2014-02-28", "retrieved": "2016-03-19T13:57:26", "title": "U.S. Farm Income", "summary": null, "type": "CRS Report", "typeId": "REPORT", "active": false, "formats": [ { "format": "PDF", "filename": "files/20140228_R40152_fb54bb58116d2ea406f94563af9a39cef0101672.pdf" }, { "format": "HTML", "filename": "files/20140228_R40152_fb54bb58116d2ea406f94563af9a39cef0101672.html" } ], "topics": [] }, { "source": "University of North Texas Libraries Government Documents Department", "sourceLink": "https://digital.library.unt.edu/ark:/67531/metadc271993/", "id": "R40152_2013Aug30", "date": "2013-08-30", "retrieved": "2014-02-03T19:46:03", "title": "U.S. Farm Income", "summary": "This report provides the highlights of 2013 farm income forecast. The report discusses farm asset values and debt, and average farm household income. It also provides annual figures regarding U.S. farms.", "type": "CRS Report", "typeId": "REPORT", "active": false, "formats": [ { "format": "PDF", "filename": "files/20130830_R40152_1d9be6266c698567d7d9a6a47fa8ddd1df689302.pdf" }, { "format": "HTML", "filename": "files/20130830_R40152_1d9be6266c698567d7d9a6a47fa8ddd1df689302.html" } ], "topics": [ { "source": "LIV", "id": "Agricultural policies", "name": "Agricultural policies" }, { "source": "LIV", "id": "Income", "name": "Income" }, { "source": "LIV", "id": "Farm management", "name": "Farm management" } ] }, { "source": "University of North Texas Libraries Government Documents Department", "sourceLink": "https://digital.library.unt.edu/ark:/67531/metadc817620/", "id": "R40152_2013Feb21", "date": "2013-02-21", "retrieved": "2016-03-19T13:57:26", "title": "U.S. Farm Income", "summary": null, "type": "CRS Report", "typeId": "REPORT", "active": false, "formats": [ { "format": "PDF", "filename": "files/20130221_R40152_15ae9cd984c9229c03ec416b203926af8cb58b2d.pdf" }, { "format": "HTML", "filename": "files/20130221_R40152_15ae9cd984c9229c03ec416b203926af8cb58b2d.html" } ], "topics": [] }, { "source": "University of North Texas Libraries Government Documents Department", "sourceLink": "https://digital.library.unt.edu/ark:/67531/metadc820063/", "id": "R40152_2012Feb15", "date": "2012-02-15", "retrieved": "2016-03-19T13:57:26", "title": "U.S. Farm Income", "summary": null, "type": "CRS Report", "typeId": "REPORT", "active": false, "formats": [ { "format": "PDF", "filename": "files/20120215_R40152_4b7cf4da282f776350673f21f286d6a4a661c7c1.pdf" }, { "format": "HTML", "filename": "files/20120215_R40152_4b7cf4da282f776350673f21f286d6a4a661c7c1.html" } ], "topics": [] }, { "source": "University of North Texas Libraries Government Documents Department", "sourceLink": "https://digital.library.unt.edu/ark:/67531/metadc813624/", "id": "R40152_2011Sep07", "date": "2011-09-07", "retrieved": "2016-03-19T13:57:26", "title": "U.S. Farm Income", "summary": null, "type": "CRS Report", "typeId": "REPORT", "active": false, "formats": [ { "format": "PDF", "filename": "files/20110907_R40152_4ccaa5ae0480a849ab670e131c3a2c90b5d19b0a.pdf" }, { "format": "HTML", "filename": "files/20110907_R40152_4ccaa5ae0480a849ab670e131c3a2c90b5d19b0a.html" } ], "topics": [] }, { "source": "University of North Texas Libraries Government Documents Department", "sourceLink": "https://digital.library.unt.edu/ark:/67531/metadc811114/", "id": "R40152_2010Sep03", "date": "2010-09-03", "retrieved": "2016-03-19T13:57:26", "title": "U.S. Farm Income", "summary": null, "type": "CRS Report", "typeId": "REPORT", "active": false, "formats": [ { "format": "PDF", "filename": "files/20100903_R40152_0129d3770d8067a2ed23972d83ff3ce286cbab5d.pdf" }, { "format": "HTML", "filename": "files/20100903_R40152_0129d3770d8067a2ed23972d83ff3ce286cbab5d.html" } ], "topics": [] }, { "source": "University of North Texas Libraries Government Documents Department", "sourceLink": "https://digital.library.unt.edu/ark:/67531/metadc743464/", "id": "R40152_2009Feb13", "date": "2009-02-13", "retrieved": "2015-10-20T21:35:54", "title": "U.S. Farm Income", "summary": "This report discusses the aggregate national net farm income and the farm debt-to-asset status as reported by the U.S. Department of Agriculture (USDA). It includes an overview of income and expenses for calendar year 2009, income projections through 2018, the average farm household income, and information about farm asset values and debt.", "type": "CRS Report", "typeId": "REPORT", "active": false, "formats": [ { "format": "PDF", "filename": "files/20090213_R40152_dba02b9c188bae17c1e276c153a7737a5b522571.pdf" }, { "format": "HTML", "filename": "files/20090213_R40152_dba02b9c188bae17c1e276c153a7737a5b522571.html" } ], "topics": [ { "source": "LIV", "id": "Agriculture", "name": "Agriculture" }, { "source": "LIV", "id": "Farm income", "name": "Farm income" }, { "source": "LIV", "id": "Agricultural prices", "name": "Agricultural prices" } ] } ], "topics": [ "Agricultural Policy" ] }