U.S. farm income from dairy products 2023

This statistic shows the income made by U.S. farms from dairy products from 2010 to 2021, with a forecast for 2022 and 2023. At the end of 2021, farms' cash receipts from dairy products, that is income, came to around 41.8 billion U.S. dollars.

Total U.S. farm income from dairy products from 2010 to 2023 (in billion U.S. dollars)

Characteristic	Income in billion U.S. dollars
2023*	49.3
2022*	57.7
2021	41.8
2020	40.4
2019	40.5
2018	35.2
2017	37.9
2016	34.5
2015	35.7
2014	49.4
2013	40.3
2012	37.1
2011	39.5
2010	31.4

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Release date

February 2023

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Region

United States

Survey time period

2001 to 2022

Supplementary notes

*Projected as of February 7, 2023.
USDA estimates and publishes individual cash receipt values only for major commodities and major producing States. The U.S. receipts for individual commodities, computed as the sum of the reported States, may understate the value of sales for some commodities, with the balance included in the appropriate category labeled ‘‘other‘‘ or ‘‘miscellaneous.‘‘ The degree of underestimation in some of the minor commodities can be substantial. Figure for 2001 is quoted from Agricultural Statistics 2010.
Data prior to 2013 have been taken from previous reports.
Figures have been rounded to provide a better understanding of the statistic.

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