farm production expenditures

Input Costs Becoming A Bigger Concern For Farmers
Input Costs Becoming A Bigger Concern For Farmers
"Total production expenses are forecast to increase 29.8 billion, or about 8.3%," USDA Chief Economist Seth Meyer said in 2021, farmers this year will end up paying more for almost every major farm input compared to 2020. "32% on fuel and oil, 15% on those, kinda, livestock inputs, or the purchases of livestock ...
Meyer: Expenditure Report Shows Unique Data
Meyer: Expenditure Report Shows Unique Data
USDA's annual Farm Production Expenditures Report reflects a rise year-over-year with producers in 2020 spending over $366 billion dollars for total inputs and services. But, as USDA Chief Economist Seth Meyer points out, it's been an unusual 18 months or so ...
Washington Total Farm Production Expenditures Drop
Washington Total Farm Production Expenditures Drop
According to NASS, total farm production expenditures fell in Washington last year. 2019 expenditures are estimated at $7.09 billion, down 13% from 2018’s $8.19 billion. The four largest expenditures in Washington accounted for 65% of total expenditures last year. And ...