Western Farm Production Expenditures Up 11.1 Percent

Farm production expenditures in the Western Region of the United States totaled $68.7 billion in 2008, up 11.1 percent from the revised $61.8 billion reported for 2007, according to the National Agricultural Statistics Service. The United States production expenditures were $307 billion, up 8.3 percent from the revised 2007 total of $284 billion.

In 2008, the national average production expenditure per farm increased 8.5 percent, totaling $140,075 compared with $129,062 in 2007. On average, U.S. farm operations spent: $21,398 on Feed, $17,337 on Farm Services, $13,550 on Labor, $12,912 on Livestock and Poultry and Related Expenses, $10,265 on Fertilizer, Lime, and Soil Conditioners, and $10,220 on Rent. Farmers and ranchers in the West Region accounted for 22.4 percent of the nation’s total farm expenditures in 2008.

On August 6, 2009, the Economic Research Service (ERS), USDA released the first estimate of national and State farm sector accounts for 2008 and updates to 2007 and earlier estimates. The updates incorporate revisions by the National Agricultural Statistics Service to several key reports used in the ERS farm income accounts. The revisions stem from a comprehensive review of previously published data in light of information from the 2007 Census of Agriculture.

To reference ERS data sets, check out NASS online.


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