Farm Production Expenditures

Farm Production Expenditures refer to the total costs incurred by farmers to grow and raise their crops or livestock. These expenses include things like seeds, fertilizers, feed, fuel, machinery, labor, and water. Essentially, it’s the money spent on everything needed to produce farm products, from planting to harvesting and caring for animals. Tracking these expenditures helps evaluate the economic health of the farming operation and planning for future budgets. It provides insight into the costs involved in food and fiber production from the farmer’s perspective.