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AmberWaves November 2005 > Indicators
title "Indicators"

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Farm, Rural, and Natural Resources Indicators
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Annual percent change
item

1990

2000

2001

2002

2003

2004

1990-2000

2002-03

2003-04

Cash receipts ($ billion)

169.5

192.1

200.1

195.0

216.6

 241.2

1.3

11.1

11.4

Crops

80.3

92.5

93.3

101.0

111.0

 117.8

1.4

9.9

6.1

Livestock

89.2

99.6

106.7

94.0

105.6

 123.5

1.1

12.3

17.0

Direct government payments ($ billion)

9.3

22.9

20.7

11.2

17.2

 13.3

9.4

53.6

-22.7

Gross cash income ($ billion)

186.9

228.7

235.6

221.0

249.5

 271.7

2.0

12.9

8.9

Net cash income ($ billion)

52.7

56.7

60.1

49.5

71.6

 85.5

0.7

44.6

19.4

Net value added ($ billion)

80.8

91.9

95.0

78.6

101.2

 125.9

1.3

28.8

24.4

Farm equity ($ billion)

702.6

1,025.6

1,070.2

1,110.7

1180.8

 1,293.9f

3.9

6.3

9.6

Farm debt-asset ratio

16.4

14.8

14.8

14.8

14.4

 13.8f

-1.0

-2.7

-4.2

Farm household income ($/farm household)

38,237

61,947

64,117

65,757

68,515

 81,480P

4.9

4.2

18.9

Farm household income relative to average U.S. household income (%)

103.1

108.6

110.2

113.7

116.0

 134.6

0.5

2.0

16.0

Nonmetro-metro difference in poverty rates (%points)

3.6

2.6

3.1

2.6

2.1

 na

-3.2

-19.2

na

Cropland harvested (million acres)

310

314

311

307

315

 312p

0.1

2.6

-1.0

USDA Conservation Program expenditures ($ bil.)1

3.0

3.3

3.7

4.2

4.3

 5.1

1.0

2.4

18.6
Food and Fiber Sector Indicators
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Annual percent change
item

1990

2000

2001

2002

2003
2004

1990-2000

2002-03

2003-04

U.S. gross domestic product ($ billion current)2

5,803

9,817

10,128

10,470

10,971

 11,734

5.4

4.8

7.0

Food and fiber share (%)

7.9

5.8

5.8

5.8

4.9

 na

-3.0

-15.5

na

Farm sector share (%)

1.3

0.7

0.7

0.7

0.8

 na

-6.0

14.3

na

Total agricultural imports ($ billion)1

22.7

38.9

39.0

41.0

45.7

 52.7

5.5

11.5

15.3

Total agricultural exports ($ billion)1

40.3

50.7

52.7

53.3

56.2

 62.4

2.3

5.4

11.0

Exports' share of the volume of U.S. agriculture production (%)

18.2

17.6

17.6

16.7

17.9

 16.3

-0.3

7.2

-8.9

CPI for food (1982-84=100)

132.4

167.9

173.1

176.2

180.0

186.2

2.4

2.2

3.4

Share of U.S. disposable income spent on food (%)

11.2

9.8

9.8

9.5

9.4

 9.5

-1.3

-1.1

1.1

Share of total food expenditures for at-home consumption (%)

55.1

51.7

51.7

50.8

50.3

 49.7

-0.6

-1.0

-1.2

Farm-to-retail price spread (1982-84=100)

144.5

210.3

215.4

221.2

225.6

 232.9

3.8

2.0

3.2

Total USDA food and nutrition assistance spending ($ billion)1

24.9

32.6

34.2

38.0

41.8

 46.2

2.7

10.0

10.5

f = Forecast. p = Preliminary. na = Not available.
1 Based on October-September fiscal years ending with year indicated.


Cash receipts from farming, 1992-2004
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Consumer price indexes for selected foods consumed at home
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The world's largest wheat exporters, 2004/05
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