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

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

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.

(Source – http://www.blackseagrain.net/novosti/how-u-s-farmers-spent-367-billion-in-2013)

How U.S. Farmers Spent $367 Billion in 2013 Reviewed by on . 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, rele 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, rele Rating: 0
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