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Farm Income and Costs: Farm Sector Income Forecast

Direct Government Payments, 2005-2009F
Government programs
2005
2006
2007
08/27/09
2008
11/24/09
2009F
Change
2008
to
2009
 
$ million
Total direct payments 1/ 24,395.9 15,788.8 11,903.2 12,237.6 12,461.6 224.0
Production flexibility contract payments 6/ (0.9) (0.2) (0.4) 0.0 0 0.0
Fixed direct payments 2/ 5,198.8 5,052.0 5,059.7 5,110.4 5,061.0 (49.4)
Counter-cyclical payments 4,073.8 4,035.8 1,124.9 712.1 1,230.0 517.9
Loan deficiency payments 5,080.3 730.5 54.5 84.8 110.0 25.2
Marketing loan gains 368.7 188.2 271.9 29.7 135.0 105.3
Certificate exchange gains 1,614.0 873.3 818.4 202.0 703.0 501.0
Peanut quota buyout payments 6/ 22.3 21.2 0.0 0.0 0.0 0.0
Milk income loss program payments 9.6 431.2 73.9 (0.3) 900.0 900.3
Tobacco Transition Payment Program 3/ 2,083.0 1,206.3 901.2 816.3 740.0 (76.3)
Conservation program payments 4/ 2,767.5 2,974.4 3,072.1 3,155.8 3,230.0 74.2
Ad hoc and emergency program payments 5/ 3,168.8 274.5 527.9 2,121.4 325.0 (1,796.4)
Miscellaneous program payments 6/ 9.9 1.6 (0.9) 5.3 27.6 (31.7)
P = preliminary. F = forecast. Numbers may not add due to rounding.
1/ Includes only those funds paid directly to farmers within the calendar year.
2/ The calendar year 2009 forecast includes estimated 2009 crop advance and final payments and forecast 2010 crop advance payments issued in December 2009.
3/ The estimates here include TTPP payments and lump-sum payments to quota holders and producers. The TTPP payments to private parties are not included.
4/ This category includes all conservation programs except for those considered as emergency assistance such as the Emergency Conservation Program.
5/ This category includes all programs providing disaster and emergency assistance payments to growers. Payments from the SURE program will start in 2010.
6/ Miscellaneous programs and provisions vary from year to year. Included here are CCP--Fruit and Vegetable Violation, CCP--Late Fees, and CCP--Payment Limitation Over payments which could not be directly linked to either Direct or Counter-cyclical Program payments. Payments by the Production Flexibility Contract and the Peanut Buyout Programs have been phased out in previous years, so beginning in 2008 these residual payments or refunds to USDA are now included in this category.
Note: The Average Crop Revenue Election Program (ACRE) is designed to protect against revenue shortfalls and will be available for the first time for the 2009 crop year, however payments will be made after October 1, 2010.

 

See all forecast tables.

For more information, contact: Steve Vogel

Web administration: webadmin@ers.usda.gov

Updated date: November 24, 2009