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Indicators

Farm, Rural, and Natural Resources Indicators
 Annual percent change
 1990200020012002200320041990-20002002-032003-04
Cash receipts ($ billion) 169.5 192.1 199.8 192.9 212.4f 215.0f 1.3 10.1 1.2
Crops 80.3 92.4 93.4 99.5 106.7f 114.3f 1.4 7.2 7.1
Livestock 89.2 99.5 106.4 93.5 105.6f 100.7f 1.1 12.9 -4.6
Direct government payments ($ billion) 9.3 22.9 20.7 11.0 17.4f 10.3f 9.4 58.2 -40.8
Gross cash income ($ billion) 186.9 228.6 235.3 219.4 244.9 240.9f 2.0 11.6 -1.6
Net cash income ($ billion) 52.7 56.5 59.2 49.1 63.0f 55.9f 0.7 28.3 -11.3
Net value added ($ billion) 80.8 92.0 94.2 76.9 98.9f 93.0f 1.3 28.6 -6.0
Farm equity ($ billion) 702.6 1,025.6 1,070.1 1,110.7f 1,160.5f 1,198.1f 3.9 4.5 3.2
Farm debt-asset ratio 16.4 14.8 14.8 14.8f 14.7f 14.6f -1.0 -0.7 -0.7
Farm household income ($/farm household) 38,237 61,947 64,117 65,757 67,453f 66,732f 4.9 2.6 -1.1
Farm household income relative to average U.S. household income (%) 103.1 108.6 110.2 113.7 na na 0.5 na na
Nonmetro-metro difference in poverty rates (%points) 3.6 2.6 3.1 2.6 2.1 na -3.2 -19.2 na
Cropland harvested (million acres) 310 314 311 307 314p na 0.1 2.3 na
USDA Conservation Program expenditures ($ billion)1 3.0 3.4 3.7 3.5q na na 1.3 na na
f= Forecast. p = Preliminary. q = 2002 Administration request. na = Not available. All dollar amounts are in current dollars.
1 Based on October-September fiscal years ending with year indicated.
Food and Fiber Sector Indicators
 Annual percent change
 1990200020012002200320041990-20002002-032003-04
U.S. gross domestic product ($ billion)1 5,803 9,825 10,082 10,446 10,863f na 5.4 4.0 na
Food and fiber share (%) 15.1 12.6 12.3 na na na -1.8 na na
Farm sector share (%) 1.4 0.8 0.8 0.8 na na -5.4 na na
Total agricultural imports ($ billion)2 22.7 38.9 39.0 41.0 45.7 52.5 5.5 11.5 14.9
Total agricultural exports ($ billion)2 40.3 50.7 52.7 53.3 56.2 62.0 2.3 5.4 10.3
Export share of the volume of U.S. agricultural production (%) 27.1 22.8 22.9 22.5 21.1p na -1.7 -6.2 na
CPI for food (1982-84=100) 132.4 167.9 173.1 176.2 180.0 186.3f 2.4 2.2 3.5
Share of U.S. disposable income spent on food (%) 11.2 10.1 10.2 10.1 10.1 na -1.0 0.0 na
Share of total food expenditures for at-home consumption (%) 55.4 53.3 53.9 53.8 53.1 na -0.4 -1.3 na
Farm-to-retail price spread (1982-84=100) 144.5 210.3 215.4 221.2 na na 3.8 na na
Total USDA food and nutrition assistance spending ($ billion)2 24.9 32.6 34.2 38.0 41.8 na 2.7 10.0 na
f= Forecast. p = Preliminary. na = Not available. All dollar amounts are in current dollars.
1 Forecast for 2003 based on the Office of Management and Budget's Midsession Budget Review, July 2003.
2 Based on October-September fiscal years ending with year indicated.