E-mail: nass-ny@nass.usda.gov (518) 457-5570 FOR IMMEDIATE RELEASE: Contact: Robin Gannon Wednesday, August 3, 2011 www.nass.usda.gov/ny Farm Production Expenses Edge Up in 2010 United States total farm production expenditures were $289.0 billion in 2010, up from the $287.4 billion in 2009 according to the Farm Production Expenditures 2010 summary released August 2, 2011 by the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS). This is in contrast to a fall of 6.4 percent for 2009 Total Expenditures when compared to 2008 Total Expenditures. Total expenditures for 2009 remain unchanged from a year ago. Expense items showing increases from the previous year were: Tractors & Self Propelled Machinery, up 17.2 percent, Rent, up 14.6 percent, Other Farm Machinery, up 6.4 percent, Seeds & Plants, up 5.2 percent, Fertilizer, Lime, and Soil Conditioners, up 4.5 percent, Fuels, up 4.0 percent, Taxes, up 3.8 percent, Farm Supplies & Repairs, up 2.6 percent, and Feed, up 0.9 percent. Total Fuels Expense was $12.9 billion. Diesel, the largest sub-component, was $8.2 billion accounting for 63.2 percent. Diesel expenditures were up 13.2 percent in 2010. Gasoline was $2.6 billion, up 4.9 percent. LP Gas was $1.5 billion, down 24.9 percent. Other fuels were $0.7 billion, down 10.0 percent. The four largest expenditures at the United States level totaled $134.4 billion and accounted for 46.5 percent of Total Expenditures in 2010. They were Feed, 15.7 percent; Farm Services, 12.4 percent; Labor, 9.5 percent; and Rent, 9.0 percent. In 2010, the United States Total Farm Expenditure average per farm was $131,793 compared with $131,137 in 2009, an increase of 0.5 percent. On average, United States farm operations spent: $20,705 on Feed, $16,281 on Farm Services, $12,496 on Labor, $11,812 on Rent, and $11,128 on Livestock and Poultry Purchases. For 2009, United States farms spent an average of: $20,533 on Feed, $16,609 on Farm Services, $13,141 on Labor, $11,818 on Livestock and Poultry Purchases, and $10,312 on Rent. The Farm Production Expenditures summary provides the official estimates for production input costs on U.S. farms and ranches. These estimates are based on the results of the nationwide Agricultural Resource Management Survey, conducted annually by NASS. The Farm Production Expenditures 2010 summary and all NASS reports are available online at www.nass.usda.gov. # 8-03-11