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R40152Agricultural Policy

U.S. Farm Income

Federal & State Law Editorial TeamLast reviewed: February 2009
February 13, 2009

Summary

This report discusses the aggregate national net farm income and the farm debt-to-asset status as reported by the U.S. Department of Agriculture (USDA). It includes an overview of income and expenses for calendar year 2009, income projections through 2018, the average farm household income, and information about farm asset values and debt.

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Note: CRS reports are prepared for Members of Congress and their staffs. This summary is provided for informational purposes and does not constitute legal advice.

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.