|
| Table
1--Farm business average net cash income, 2002-2008f
1/ |
| Size/
region/
specialty
|
2002 |
2003 |
2004 |
2005 |
2006 |
2007f |
2008f |
2007f/
2006f |
2007f/
2002-
06
Avg. |
2008f/
2007f |
2008f/
2003-
07f
Avg. |
Share
of
U.S.
farms
or busi-
ness-
es |
01/28/2008
|
Dollars
per farm |
Percent |
| Farm
size: |
| Commercial farms |
129.7 |
159.4 |
219.0 |
206.6 |
167.6 |
210.4 |
225.3 |
25.5 |
19.2 |
7.1 |
17.0 |
10.5 |
| Intermediate farms
|
8.2 |
12.5 |
11.5 |
14.9 |
9.9 |
12.8 |
15.4 |
29.3 |
12.3 |
20.3 |
25.0 |
26.7 |
| All farm businesses
2/ |
35.5 |
47.2 |
62.8 |
68.8 |
54.5 |
68.7 |
74.7 |
26.1 |
27.8 |
8.7 |
23.7 |
37.2 |
| Rural residence farms
|
-2.8 |
-2.3 |
-0.2 |
-1.2 |
-2.0 |
-2.4 |
-2.2 |
-20.0 |
41.2 |
8.3 |
35.8 |
62.8 |
| All farms |
12.1 |
16.3 |
24.5 |
24.4 |
19.0 |
24.1 |
26.4 |
26.8 |
25.1 |
9.5 |
21.9 |
100.0 |
| All family farms 3/
|
11.3 |
15.0 |
20.6 |
20.6 |
16.2 |
20.8 |
23.5 |
28.4 |
24.3 |
13.0 |
26.1 |
95.5 |
| Resource
region: 2/ |
| Heartland |
29.7 |
53.4 |
91.6 |
88.0 |
58.2 |
83.3 |
113.8 |
43.1 |
29.8 |
36.6 |
51.9 |
23.4 |
| Northern Crescent |
32.4 |
34.0 |
48.8 |
55.5 |
43.4 |
70.3 |
66.4 |
62.0 |
64.2 |
-5.5 |
31.7 |
13.9 |
| Northern Great Plains
|
44.8 |
56.4 |
66.6 |
68.5 |
55.8 |
69.8 |
87.8 |
25.1 |
19.5 |
25.8 |
38.4 |
7.0 |
| Prairie Gateway |
25.0 |
41.1 |
53.1 |
68.6 |
37.0 |
42.3 |
47.6 |
14.3 |
-5.9 |
12.5 |
-1.7 |
14.2 |
| Eastern Uplands |
11.1 |
16.7 |
20.1 |
23.7 |
24.8 |
28.2 |
27.0 |
13.7 |
46.3 |
-4.3 |
18.9 |
11.8 |
| Southern Seaboard |
31.1 |
39.8 |
61.5 |
37.5 |
41.1 |
42.1 |
41.7 |
2.4 |
-0.2 |
-1.0 |
-6.1 |
9.6 |
| Fruitful Rim |
75.6 |
85.2 |
96.7 |
133.9 |
118.8 |
133.9 |
110.4 |
12.7 |
31.2 |
-17.6 |
-2.9 |
12.7 |
| Basin and Range |
45.0 |
46.7 |
23.8 |
61.1 |
44.5 |
52.5 |
51.1 |
18.0 |
18.7 |
-2.7 |
11.8 |
4.9 |
| Mississippi Portal
|
49.7 |
64.0 |
62.2 |
49.0 |
61.3 |
62.9 |
87.9 |
2.6 |
9.9 |
39.7 |
46.8 |
2.6 |
| Commodity
specialization: 2/ |
| Program
crops-- |
| Mixed grain |
35.5 |
69.2 |
75.7 |
81.2 |
64.1 |
96.8 |
155.6 |
51.0 |
48.6 |
60.7 |
101.0 |
6.3 |
| Wheat |
31.1 |
36.3 |
36.6 |
52.7 |
41.3 |
67.3 |
111.2 |
63.0 |
69.9 |
65.2 |
137.4 |
2.5 |
| Corn |
40.5 |
56.2 |
93.5 |
95.5 |
66.8 |
101.4 |
165.0 |
51.8 |
43.8 |
62.7 |
99.6 |
9.1 |
| Soybeans and peanuts
|
29.8 |
40.9 |
96.8 |
58.8 |
36.9 |
60.7 |
105.1 |
64.5 |
15.3 |
73.1 |
78.7 |
3.9 |
| Cotton and rice |
113.7 |
124.5 |
128.0 |
153.2 |
132.1 |
92.7 |
93.4 |
-29.8 |
-28.9 |
0.8 |
-25.9 |
1.8 |
| Non-program
crops-- |
| Other field crops |
20.4 |
35.0 |
26.1 |
31.7 |
22.4 |
23.4 |
28.2 |
4.5 |
-13.7 |
20.5 |
1.7 |
16.4 |
| Specialty crops |
101.7 |
106.2 |
106.5 |
134.2 |
159.5 |
154.8 |
139.9 |
-2.9 |
27.3 |
-9.6 |
5.8 |
8.3 |
| Livestock-- |
|
|
|
|
|
|
|
|
|
|
|
|
| Beef cattle |
11.4 |
23.2 |
36.4 |
46.2 |
30.8 |
29.0 |
24.9 |
-5.8 |
-2.0 |
-14.1 |
-24.8 |
30.5 |
| Hogs |
69.6 |
158.3 |
226.5 |
187.0 |
203.7 |
219.3 |
189.2 |
7.7 |
29.7 |
-13.7 |
-4.9 |
1.5 |
| Poultry |
36.1 |
61.8 |
107.2 |
82.0 |
70.5 |
84.6 |
74.8 |
20.0 |
18.3 |
-11.6 |
-7.9 |
3.4 |
| Dairy |
74.1 |
64.3 |
142.3 |
129.5 |
97.6 |
213.1 |
161.6 |
118.3 |
109.8 |
-24.2 |
24.9 |
7.2 |
| Other livestock |
-1.4 |
3.0 |
1.4 |
5.6 |
8.3 |
7.4 |
6.0 |
-10.8 |
118.9 |
-18.9 |
16.7 |
9.1 |
f = forecast. |
| 1/The
farm level forecasts are derived from partial budget
modeling on the 2006 ARMS using parameters from the
sector forecasts. The model is static and therefore
does not account for changes in crop rotation, weather,
and other local production impacts that occurred after
the base year. |
| 2/ Commercial
and intermediate farms; including non-family farms.
|
| 3/ Excludes
farms run by hired managers and operations organized
as cooperatives, non-family corporations, estates,
and trusts. |
Download table
as spreadsheet.
|
