|
Table 1--Farm Business Average Net Cash Income Forecasts 1/ |
|
Size/
region/
specialty |
2007 |
2008 |
2009f |
2008f/
2007 |
2009f/
2008 |
Share
of
U.S.
farms
or
businesses |
11/16/2009 |
$1,000 per farm |
Percent |
|
Farm Size: |
|
Commercial farms |
230.8 |
205.2 |
182.5 |
-11.1 |
-11.1 |
12.4 |
|
Intermediate farms |
5.5 |
5.3 |
5.2 |
-3.6 |
-1.9 |
26.6 |
|
All farm businesses 2/ |
77.7 |
68.9 |
61.6 |
-11.3 |
-10.6 |
39.0 |
|
Rural residence farms |
-3.9 |
-3.9 |
-3.6 |
-0.0 |
-7.7 |
61.0 |
|
All farms |
26.2 |
24.5 |
21.8 |
-6.5 |
-11.0 |
100.0 |
|
All family farms 3/ |
21.1 |
21.4 |
19.0 |
1.4 |
-11.2 |
97.2 |
|
Resource region: 2/ |
|
Heartland |
99.8 |
97.4 |
83.9 |
-2.4 |
-13.9 |
23.0 |
|
Northern Crescent |
55.7 |
62.3 |
42.5 |
11.8 |
-31.8 |
14.0 |
|
Northern Great Plains |
77.6 |
87.4 |
80.9 |
12.6 |
-7.4 |
6.1 |
|
Prairie Gateway |
73.2 |
46.8 |
42.2 |
-36.1 |
-9.8 |
15.3 |
|
Eastern Uplands |
24.9 |
10.8 |
10.6 |
-56.6 |
-1.9 |
11.6 |
|
Southern Seaboard |
50.4 |
36.9 |
38.9 |
-26.8 |
5.4 |
10.4 |
|
Fruitful Rim |
151.2 |
130.3 |
124.3 |
-13.8 |
-4.6 |
11.3 |
|
Basin and Range |
33.5 |
52.7 |
50.0 |
57.3 |
-5.1 |
3.8 |
|
Mississippi Portal |
85.9 |
76.7 |
83.5 |
-10.7 |
8.9 |
4.3 |
|
Commodity specialization: 2/ |
|
Program crops-- |
|
Mixed grain |
97.4 |
127.9 |
125.0 |
31.3 |
-2.3 |
6.6 |
|
Wheat |
59.1 |
56.3 |
63.0 |
-4.7 |
11.9 |
3.4 |
|
Corn |
115.2 |
142.6 |
135.0 |
23.8 |
-5.3 |
11.4 |
|
Soybeans and peanuts |
58.0 |
64.5 |
64.3 |
11.2 |
-0.3 |
3.5 |
|
Cotton and rice |
150.4 |
218.6 |
226.4 |
45.3 |
3.6 |
1.0 |
|
Non-program crops-- |
|
Other field crops |
33.0 |
37.0 |
42.1 |
12.1 |
13.8 |
14.8 |
|
Specialty crops |
180.1 |
135.0 |
164.1 |
-25.0 |
21.6 |
9.3 |
|
Livestock-- |
|
Beef cattle |
28.1 |
14.8 |
10.9 |
-47.3 |
-26.4 |
27.5 |
|
Hogs |
240.9 |
97.7 |
47.2 |
-59.4 |
-51.7 |
1.7 |
|
Poultry |
139.9 |
75.2 |
80.7 |
-46.2 |
7.3 |
3.7 |
|
Dairy |
190.6 |
151.9 |
27.0 |
-20.3 |
-82.2 |
6.5 |
|
Other livestock |
4.5 |
12.8 |
11.9 |
184.4 |
7.0 |
10.6 |
|
f = forecast. |
|
1/ The farm level forecasts are derived from partial
budget modeling on the 2008 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. |
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