In 2022, the ratio of prices received by farmers to the prices paid index for commodities and services, interest, taxes, and farm wage rates (PPITW) in the United States came to 96 percent of the base year 2011. The ratio of prices received to PPITW has been steadily declining since the base year, with 2020 being a new low. In other words, farmers were earning less after expenses in 2021 than they did in 2011.
Annual ratio of prices received by farmers to PPITW in the United States from 2011 to 2022
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Statistics on Primary sector of the U.S.
Overview
4
Value
7
- Premium Statistic Value added of the agriculture sector in the U.S. 2011-2022
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- Premium Statistic U.S. employment in farming 1998-2019
- Premium Statistic Number of U.S. seafood industry jobs 2006-2019
Indexes
4
- Premium Statistic Annual ratio of prices received by farmers to PPITW U.S. 2011-2022
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U.S. Government Publishing Office. (February 9, 2023). Annual ratio of prices received by farmers to PPITW in the United States from 2011 to 2022 [Graph]. In Statista. Retrieved March 30, 2023, from https://www.statista.com/statistics/1280201/us-annual-ratio-prices-received-farmers-ppitw/
U.S. Government Publishing Office. "Annual ratio of prices received by farmers to PPITW in the United States from 2011 to 2022." Chart. February 9, 2023. Statista. Accessed March 30, 2023. https://www.statista.com/statistics/1280201/us-annual-ratio-prices-received-farmers-ppitw/
U.S. Government Publishing Office. (2023). Annual ratio of prices received by farmers to PPITW in the United States from 2011 to 2022. Statista. Statista Inc.. Accessed: March 30, 2023. https://www.statista.com/statistics/1280201/us-annual-ratio-prices-received-farmers-ppitw/
U.S. Government Publishing Office. "Annual Ratio of Prices Received by Farmers to Ppitw in The United States from 2011 to 2022." Statista, Statista Inc., 9 Feb 2023, https://www.statista.com/statistics/1280201/us-annual-ratio-prices-received-farmers-ppitw/
U.S. Government Publishing Office, Annual ratio of prices received by farmers to PPITW in the United States from 2011 to 2022 Statista, https://www.statista.com/statistics/1280201/us-annual-ratio-prices-received-farmers-ppitw/ (last visited March 30, 2023)
Annual ratio of prices received by farmers to PPITW in the United States from 2011 to 2022 [Graph], U.S. Government Publishing Office, February 9, 2023. [Online]. Available: https://www.statista.com/statistics/1280201/us-annual-ratio-prices-received-farmers-ppitw/