U.S. farm cash receipts from animals and animal products totaled $195.8 billion in 2021, led by receipts for cattle and calves at $72.9 billion, or 37%.  USDA’s Economic Research Service reports that poultry and egg products made up the next largest share of 2021 cash receipts at $46.1 billion, or 24%, followed by dairy at $41.8 billion, or 21%, hogs at $28.0 billion or 14%, and other animals and animal products at $7.0 billion, at 4%.

 

Those numbers come from the Farm Income and Wealth Statistics data product, which is conducted annually in late August or early September.  ERS releases estimates of the prior year’s farm sector cash receipts from agricultural commodity sales.  The data provided includes cash receipt estimates by type of commodity, which can help in understanding the U.S. farm sector.  ERS said estimates may be revised as new information becomes available.

 

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