#REVISIONS SEASON 2 UPDATE#

Value of production is directly reported in the structural characteristics tailored report. Estimated value of production for farm operations in 2018 was revised downward by $3.83 billion (1.1 percent) due to corrections in processing the underlying survey data, especially potato production, and due to a restatement of a marketing contract record.The new limitations result in an increase in estimated AGI of $4,400 at the national level (5.3 percent) compared to the previous method. Previously posted estimates of Adjusted Gross Income (AGI) for 1996-2018 were updated to reflect a change in methods for how limitations to deduct retirement contributions as well other deductions are modeled across time.

#REVISIONS SEASON 2 UPDATE#

This update includes the release of new farm and household finances data for 2019 and includes changes to improve internal consistency in data-handling methods. The issue was resolved on May 26, 2021, and the relevant data restored. May 27, 2021Д®rrata: Due to a server failure, some data within the Tailored Reports: Farm Structure and Finance in the ARMS Farm Financial and Crop Production Practices data product were misreported as 'NA' starting on or about April 21, 2021, through May 26, 2021. The issue was resolved on October 28, 2021, and the relevant data restored. October 29, 2021Д®rrata: Following issues with the underlying data server, some data within the Tailored Reports: Farm Structure and Finance in the ARMS Farm Financial and Crop Production Practices data product were misreported as 'NA,вЂќ starting on or about October 20, 2021, through October 28, 2021. The value was reduced by 1 in the case of variables expressed in dollars and was reduced by 0.1 in the case of share and percentage variables. Previous data handling methods were improved with this release, correcting rounding errors that occurred in about five percent of the records previously posted for 1996-2019. This update includes the release of new farm and household finances data for 2020. This page compiles updates and revisions to the data and interface as of December 16, 2021. Generally, the farm structure and financial data are updated/revised in the fall any newly available crop surveys are added in the spring and/or fall.

The releases are scheduled for approximately May 31 and November 30 each year. This schedule governs updates to the data in the tailored reports, data available in USDA, National Agricultural Statistics Service (NASS)/Economic Research Service (ERS) data enclaves, data used by Memorandum of Understanding holders, and data used by ERS researchers. Agricultural Resource Management Survey (ARMS) data are usually released and/or revised twice a year.

Revisions season 2