Sep 22, 2014
Home| Tools| Events| Blogs| Discussions Sign UpLogin

How U.S. Farmers Spent $367 Billion in 2013

August 4, 2014
By: Ben Potter, Social Media and Innovation Editor google + 
USDA loading out corn

U.S. farmers spent $367.3 billion on agricultural production in 2013. That’s a 2% increase from 2012, according to the Farm Production Expenditures report, released in August by the U.S. Department of Agriculture's National Agricultural Statistics Service (NASS).

Per farm, that tallies to $175,270, compared with $171,309 in 2012. Crop farm expenditures averaged $211,659, versus $143,521 per livestock farm.

By region, the Midwest saw the largest increase in production expenditures, with a $3.7 billion gain from the previous year. Total expenditures by region are: $118.5 billion for the Midwest, $87.6 billion for the Plains, $76.9 billion for the West, $45.5 billion for the Atlantic and $38.8 billion for the South.

Other report highlights include:

• Total fuel expense was $16.4 billion.

• Rent was the largest crop farm expense, at $26.4 billion (12.8% of total operational costs).

• Combined crop inputs (chemicals, fertilizers, and seeds) accounted for $56.1 billion ( 27.1 % of total operational costs).

• Fertilizer, lime and soil conditioners accounted for $23.8 billion, (11.5% of total operational costs).

• Feed was the largest livestock expense, at $55.7 billion (34.7% of total operational costs).

• The four states with the largest total expenditures (all above $20 billion) were California, Iowa, Texas and Nebraska.

To see the full report summary, visit To talk about marketing strategies and other topics, visit the AgWeb discussion forums.


See Comments

RELATED TOPICS: Crops, USDA, Production

Log In or Sign Up to comment


No comments have been posted



Receive the latest news, information and commentary customized for you. Sign up to receive the AgWeb Daily eNewsletter today!.

Enter Zip Code below to view live local results:
The Home Page of Agriculture
© 2014 Farm Journal, Inc. All Rights Reserved|Web site design and development by|Site Map|Privacy Policy|Terms & Conditions