U.S. Farm Income Outlook for 2016

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This report discusses this the U.S. Department of Agriculture's (USDA's) farm income outlook and its implications. According to USDA's Economic Research Service (ERS), national net farm income--a key indicator of U.S. farm well-being--is forecast at $54.8 billion in 2016, down 3% from last year. The 2016 forecast represents the third consecutive year of decline and would be the lowest since 2002 in both nominal and inflation-adjusted dollars.

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32 pages.

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Schnepf, Randy February 16, 2016.

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This report is part of the collection entitled: Congressional Research Service Reports and was provided by the UNT Libraries Government Documents Department to the UNT Digital Library, a digital repository hosted by the UNT Libraries. It has been viewed 283 times. More information about this report can be viewed below.

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Description

This report discusses this the U.S. Department of Agriculture's (USDA's) farm income outlook and its implications. According to USDA's Economic Research Service (ERS), national net farm income--a key indicator of U.S. farm well-being--is forecast at $54.8 billion in 2016, down 3% from last year. The 2016 forecast represents the third consecutive year of decline and would be the lowest since 2002 in both nominal and inflation-adjusted dollars.

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32 pages.

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Congressional Research Service Reports

The Congressional Research Service (CRS) is the public policy research arm of Congress. This legislative branch agency works exclusively for Members of Congress, their committees and their staff. This collection includes CRS reports from the mid-1960's through 2018—covering a variety of topics from agriculture to foreign policy to welfare.

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  • February 16, 2016

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  • April 4, 2016, 2:48 p.m.

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Schnepf, Randy. U.S. Farm Income Outlook for 2016, report, February 16, 2016; Washington D.C.. (https://digital.library.unt.edu/ark:/67531/metadc824495/: accessed December 5, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.

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