Agriculture Accounted for 6% of Total U.S. Import Value in FY23

October 15, 2024 | Posted in Ag Equipment Worldwide, Data & Trends

Agricultural products account for an increasing share of total U.S. imports. From fiscal years (FY) 2004 to 2023, the value of U.S. imports of agricultural products rose an average 3.7% annually

2022 U.S. Farm Profits Forecast to Reach Near-Record

September 1, 2022 | Posted in Data & Trends

USDA’s Economic Research Service forecasts inflation-adjusted U.S. net cash farm income (NCFI) — gross cash income minus cash expenses — to increase by $13.5 billion (8.7%) from 2021 to $168.5 billion in 2022. This is the highest level since 2012.

Share of Highly Leveraged Farm Businesses Forecast to Increase in 2019

October 24, 2019 | Posted in Ag Equipment Business, Data & Trends

Debt-to-asset (D/A) ratios measure the amount of assets that are financed by debt and can indicate a farm’s risk exposure and ability to overcome adverse financial events. The share of farm businesses that are highly leveraged (D/A ratio between 0.41-0.70) has fallen since 2015, but is forecast to increase slightly in 2018 and 2019.

U.S. Agricultural Exports Imports & Trade Balance_AEI_0119.jpg

U.S. FY19 Ag Trade Balance Projected to Decline to Its Lowest Level Since 2007

January 15, 2019 | Posted in Commodities, Data & Trends

According to USDA’s Economic Research Service’s agricultural trade projections, U.S. ag exports are projected to total $141.5 billion in fiscal year (FY) 2019, while ag imports are expected to total $127 billion. This would indicate a trade surplus of $14.5 billion.

ERS-November-Net-Farm-Income-Forecast-Error-1975-2017

How Accurate are USDA’s Net Income Projections?

December 14, 2018 | Posted in Data & Trends

Students of the business of agriculture know that crop receipts are generally a good indicator of how thick farmers’ wallets will be after the harvest is completed and the crops are sold.

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Items Tagged with 'USDA Economic Research Service'

ARTICLES

Agriculture Accounted for 6% of Total U.S. Import Value in FY23

2022 U.S. Farm Profits Forecast to Reach Near-Record

Share of Highly Leveraged Farm Businesses Forecast to Increase in 2019

U.S. FY19 Ag Trade Balance Projected to Decline to Its Lowest Level Since 2007

How Accurate are USDA’s Net Income Projections?

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