|
U.S. farm sector production expenses, 2005-2009F
|
Expense accounts |
2005 |
2006 |
2007 |
2008 |
2009F |
08/27/09 |
$
billion |
|
Farm origin inputs |
57.1 |
61.1 |
73.4 |
79.5 |
77.2 |
|
Feed |
28.0 |
31.4 |
41.9 |
46.9 |
43.8 |
|
Livestock |
18.7 |
18.6 |
18.8 |
17.5 |
16.1 |
|
Seed |
10.4 |
11.0 |
12.6 |
15.1 |
17.3 |
|
Manufactured inputs |
35.4 |
37.5 |
46.3 |
55.0 |
44.9 |
|
Fertilizer & lime |
12.8 |
13.3 |
17.7 |
22.5 |
16.9 |
|
Fuels and oils |
10.3 |
11.3 |
13.8 |
16.2 |
11.3 |
|
Electricity |
3.5 |
3.8 |
4.3 |
4.5 |
4.7 |
|
Pesticides |
8.8 |
9.0 |
10.5 |
11.7 |
12.0 |
|
Total interest charges |
12.6 |
14.4 |
15.1 |
14.5 |
15.5 |
|
Short-term interest |
5.7 |
6.4 |
6.9 |
6.5 |
6.9 |
|
Real estate interest |
6.9 |
8.0 |
8.3 |
8.0 |
8.6 |
|
Other operating expenses |
72.7 |
76.9 |
88.4 |
92.4 |
92.6 |
|
Repair and maintenance |
11.9 |
12.5 |
14.3 |
14.8 |
14.9 |
|
Hired & contract labor expenses |
23.6 |
24.2 |
28.4 |
29.6 |
30.4 |
|
Machine hire & custom work |
3.5 |
3.5 |
3.8 |
4.1 |
4.0 |
|
Marketing, storage, & transportation |
8.9 |
9.1 |
10.3 |
10.1 |
10.1 |
|
Misc. operating expenses |
24.9 |
27.7 |
31.4 |
33.8 |
33.3 |
|
Overhead expenses |
41.8 |
42.8 |
44.4 |
48.7 |
50.6 |
|
Capital consumption |
24.9 |
26.2 |
27.1 |
28.7 |
29.7 |
|
Property taxes |
8.0 |
9.0 |
10.3 |
10.7 |
10.6 |
|
Net rent to nonoperator landlords |
8.9 |
7.6 |
7.0 |
9.3 |
10.3 |
|
TOTAL PRODUCTION EXPENSES |
219.7 |
232.7 |
267.5 |
290.0 |
280.8 |
|
Noncash expenses |
17.6 |
18.1 |
18.4 |
19.8 |
20.8 |
|
Labor perquisites |
0.5 |
0.4 |
0.4 |
0.7 |
0.8 |
|
Net capital consumption |
17.1 |
17.7 |
18.1 |
19.1 |
20.1 |
|
Cap. cons. exc. dwellings |
19.9 |
20.5 |
20.9 |
22.3 |
23.1 |
|
Landlord capital consumption 1/ |
2.7 |
2.8 |
2.9 |
3.2 |
3.0 |
|
Dwelling expenses |
9.2 |
10.1 |
10.6 |
11.5 |
11.8 |
|
Capital consumption |
5.1 |
5.8 |
6.1 |
6.4 |
6.6 |
|
Interest |
0.7 |
0.9 |
1.1 |
1.0 |
1.1 |
|
Taxes |
1.2 |
1.4 |
1.5 |
1.6 |
1.6 |
|
Repairs & maintenance |
1.6 |
1.3 |
1.2 |
1.6 |
1.6 |
|
Insurance |
0.6 |
0.7 |
0.7 |
0.9 |
0.9 |
|
CASH EXPENSES 2/ |
192.8 |
204.5 |
238.5 |
258.7 |
248.1 |
|
F = forecast. P = preliminary. na = not applicable.
( ) = negative number. Numbers may not add due to
rounding. |
|
1/ Sector capital consumption minus landlord capital
consumption equals net of capital consumption excluding
dwellings. |
|
2/ Total expenses minus noncash and operator dwelling
expenses. |