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USDA to Measure Financial Well-Being of Farmers and Ranchers

Dan Economy, USDA-NASS

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The USDA National Agricultural Statistics Service (NASS) has started gathering information about farm economics and production practices from farmers and ranchers as the agency conducts the third and final phase of the 2021 Agricultural Resource Management Survey (ARMS).

NASS will reach out to more than 30,000 producers nationwide through April, including nearly 4,100 producers in Alabama, Florida, Georgia and South Carolina. The survey asks producers to provide in-depth information about their operating revenues, production costs, and household characteristics. The survey also includes questions to help measure any impacts of COVID-19 on farms, farm and household finances and off-farm employment.

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To protect the health of producers, partners, and employees, NASS will provide support to producers over the phone to complete this survey.

The expense data gathered in ARMS will be published in the annual Farm Production Expenditures report on Friday, July 29, 2022. This report and others are available at www.nass.usda.gov/Publications.