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Atlantic Region Farm Production Expenditures Top $45 Billion in 2013

Farm Production Expenditures in the Atlantic Region is estimated at $45.5 billion for 2013,
Farm Production Expenditures in the Atlantic Region is estimated at $45.5 billion for 2013, up from $43.5 billion in
2012. The 2013 Total Farm production expenditures are up 5.0 percent compared with 2012 Total Farm production
expenditures. The 2012 revised estimate is up from last year’s estimate of $42.6 billion due to revised 2012 Census farm
numbers.
The four largest expenditures for the Atlantic Region total $24.3 billion and account for 53.3 percent of Total
Expenditures in 2013. These include Feed, 23.8 percent, Labor, 10.4 percent, Livestock, poultry and related expenses,
9.6 percent, and Farm services, 9.5 percent.
In 2013, the Atlantic Region Total Farm expenditure average per farm is $109,480 compared with $104,538 in 2012, up
4.7 percent. On average, Atlantic Region farm operations spent $26,011 on Feed, $11,357 on labor, $10,563 on Farm
services, and $10,443 on livestock, poultry and related expenses. For 2012, Atlantic Region farms spent an average of
$24,010 on Feed, $11,693 on Farm services, $10,300 on Labor, and $9,532 on Livestock, poultry and related expenses.
Total Fuel expense for the region is $2.2 billion. Diesel, the largest sub-component, is $1.3 billion, accounting for
59.5 percent. Diesel expenditures are up 12.9 percent from the previous year. Gasoline is $460 million, up 4.5 percent. LP
gas is $290 million, down 3.3 percent. Other fuel is $140 million, down 12.5 percent.
Farm Production Expenditures in the United States is estimated at $367.3 billion for 2013, up from $360.1 billion in
2012. The 2013 Total farm production expenditures are up 2.0 percent compared with 2012 Total farm production
expenditures. Nearly all expenditure items increased from the previous year. The 2012 revised estimate is up from last
year's estimate by $8.3 billion due to revised 2012 Census farm numbers.
The four largest expenditures at the United States level total $167.6 billion and account for 45.6 percent of Total
expenditures in 2013. These include Feed, 17.0 percent, Farm services, 10.6 percent, Livestock, poultry and related
expenses, 9.3 percent, and Labor, 8.7 percent.
In 2013, the United States Total farm expenditure average per farm is $175,270 compared with $171,309 in 2012, up
2.3 percent. On average, United States farm operations spent $29,779 on Feed, $18,612 on Farm Services, $16,321 on
Livestock, poultry and related expenses, and $15,271 on labor. For 2012, United States farms spent an average of $28,781
on Feed, $19,552 on Farm Services, $15,937 on Livestock, poultry and related expenses, and $15,128 on Labor.
Total Fuel expense is $16.4 billion. Diesel, the largest sub-component, is $10.9 billion, accounting for 66.5 percent. Diesel
expenditures are up 4.8 percent from the previous year. Gasoline is $3.0 billion, down 3.2 percent. LP gas is $1.8 billion,
up 25.7 percent. Other fuel is $740 million, up 5.7 percent.
The United States Economic Sales Class contributing most to the 2013 United States Total expenditures is the $1,000,000
-$4,999,999 class with expenses of $132.1 billion (36.0 percent of the United States total), up 4.1 percent from the 2012
level of $127.0 billion. The $5,000,000 and Over class follows it with $79.0 billion, up from $74.0 billion in 2012.
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