Agricultural Income and Finance Situation and Outlook

Compares the income and financial outlook for the U.S farm sector, farm businesses, and farm households in December 2010 with the outlook in December 2011. Chapter 1 of the report outlines the farm income outlook and drivers (e.g. production expenses, payments to stakeholders) that affect U.S. farm operations earnings. Chapter 2 discusses farm households and their economic well-being based off income, assets, debt, and net worth. Chapter 3 discusses projections of farm enterprise income based off of application of sector level forecasts to Agricultural Resource Management Survey (ARMS) data. Chapter 4 discusses the financial position of the agricultural sector in terms of farm asset values and farm sector debt.