---
title: 2013’s Net Farm Income Expected to be Second Highest Since 1973
description: 2013’s Net Farm Income Expected to be Second Highest Since 1973
---

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# [2013’s Net Farm Income Expected to be Second Highest Since 1973](https://blog.goosmannlaw.com/blog/2013s-net-farm-income-expected-to-be-second-highest-since-1973)

 By [Goosmann Law Team](https://blog.goosmannlaw.com/blog/author/goosmann-law-team)   |  3, September 2013 

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September 3, 2013. Experts with the United States Department of Agriculture’s Economic Research Service are projecting net farm income in 2013 to be $120.6 billion, a 6% increase from 2012’s estimates. This estimate represents the second highest inflation adjusted net farm income since 1973, with only 2011’s inflation-adjusted income being higher. The most substantial driver of the high projected farm incomes are the expectations of record crop production.

For a comprehensive break down of the various statistics related to numerous areas of agricultural production see the USDA Economic Research Service Services’ [2013 Farm Sector Income Forecast](http://www.ers.usda.gov/topics/farm-economy/farm-sector-income-finances/2013-farm-sector-income-forecast.aspx#.Uh4CedJONyw).

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