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A Historical Look at Farm Income

Author

Listed:
  • Johnson, Cheryl D.

Abstract

This publication presents the national farm income statistics, dating back to 1910. The current USDA income series, at the national level, include estimates of net farm income, net cash income, net business income, net cash-flow, and farm production transactions. In 1980, the U.S. Department of Agriculture's (USDA) Economic Research Service (ERS) added three new income series to reflect the changing farm economy of the 1970's. The new series included net cash income, net cash-flow, and production transactions with estimates back to 1940. A net business income series in the National Financial Summary with estimates back to 1940 was introduced by ERS in 1985. The net cash-flow account, net business income, and farm production transactions (excluding operator dwelling) have never before been extended or published back to 1910.

Suggested Citation

  • Johnson, Cheryl D., 1990. "A Historical Look at Farm Income," Statistical Bulletin 154702, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssb:154702
    DOI: 10.22004/ag.econ.154702
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    Citations

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    Cited by:

    1. Noel D. Uri, 1996. "The Impact of Crude Oil Price Volatility on Agricultural Employment in the United States," Energy & Environment, , vol. 7(1), pages 57-74, February.
    2. Patrick de Fontnouvelle & Sergio H. Lence, 2002. "Transaction Costs and the Present Value “Puzzle” of Farmland Prices," Southern Economic Journal, John Wiley & Sons, vol. 68(3), pages 549-565, January.
    3. Uri, Noel D., 1996. "Changing crude oil price effects on US agricultural employment," Energy Economics, Elsevier, vol. 18(3), pages 185-202, July.
    4. Hoppe, Robert A., 2014. "Structure and Finances of U.S. Farms: Family Farm Report, 2014 Edition," Economic Information Bulletin 262118, United States Department of Agriculture, Economic Research Service.
    5. Uri, Noel D., 1996. "Crude-oil price volatility and agricultural employment in the USA," Applied Energy, Elsevier, vol. 54(4), pages 355-373, August.

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