The Lacuna Project

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Exhibit 647

Farm Income and Wealth Statistics, data files, September 3, 2026 release (government payments by program, 1933 to 2026 forecast)

Exhibit 647 · Dataset query

Farm Income and Wealth Statistics, data files, September 3, 2026 release (government payments by program, 1933 to 2026 forecast)

Source: ERS Farm Income and Wealth Statistics, file FarmIncomeWealthStatisticsData_September2026.csv in the 3 September 2026 release (zip SHA-256 90df42fe47981e9b6291ec7c3589603a544c1408b26b3b2d8c7fe8046b4bf245), run 9 November 2026. Query: State US; all series whose key begins GPAUS (government payments), net farm income (FIAUSNTFI--P), federal crop insurance indemnities (FRAUSMIINIFP) and cash receipts (CRAUS*); nominal dollars, $1,000 units; 2026 is a forecast. Result: total direct government payments of $27.89 billion in 2025 and a forecast $47.36 billion in 2026; $10.09 billion in 2024; payments were 7.9 percent of net farm income in 2024 and 29.9 percent in the 2026 forecast. In 2026 dollars, 2020 ($57.5 billion) is higher than the 2026 forecast ($47.4 billion). Market Facilitation Program payments: $5.13 billion (2018), $14.20 billion (2019), $3.78 billion (2020). Direct payments (decoupled) ranged from $4.29 billion to $6.70 billion a year in 2003 to 2013 and were about zero from 2014. Cash receipts, 2024: all crops $246.3 billion; fruit/nut plus vegetable lines $57.6 billion (23.4 percent; 20.5 percent in 2023 and 18.4 percent in 2022); corn, soybeans, wheat, cotton, rice, sorghum, peanuts, barley and oats $137.1 billion (55.7 percent; 59.6 percent in 2023 and 62.7 percent in 2022). Shares and real-dollar conversions are the project's arithmetic on the file's own deflator column.

Source
U.S. Department of Agriculture, Economic Research Service
Date
3 September 2026
Grade
Primary record
Document
https://www.ers.usda.gov/media/29517/september-3-2026-release.zip
Accessed
2026-11-09
Cited by
Findings citing this exhibit
Note
Sums and ratios are the project's arithmetic; program-year timing follows ERS (payments recorded when received).

Cited by

Finding AGR-3.1
Primary record ERS reports $27.9 billion in direct government payments to farm operations in 2025 and forecasts $47.4 billion for 2026, the largest nominal total in its series, which begins in 1933. The payments were 7.9 percent of net farm income in 2024 and are forecast at 29.9 percent in 2026.
Finding AGR-3.2
Primary record From 2003 through 2011 USDA paid more than $46 billion in direct payments based on historical acreage and production, and $10.6 billion of it went to producers who did not grow the associated crop in the payment year.
Finding AGR-3.8
Primary record In 2024 nine program crops received 84 percent of crop insurance premium subsidy and fruit, vegetable and tree-nut crops 7 percent, while the two groups made up 56 percent and 23 percent of crop cash receipts. FSA’s table of 2021 ARC and PLC payments lists no fruit or vegetable.