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Indicators

  • Statistic
  • Farm Economy
Farm, Rural, and Natural Resources Indicators
Annual percent change
1990 2000 2001 2002 2003 2004 1990-2000 2002-03 2003-04
Cash receipts ($ billion) 169.5 192.1 200.1 195.0 216.6 241.2 1.3 11.1 11.4
Crops 80.3 92.5 93.3 101.0 111.0 117.8 1.4 9.9 6.1
Livestock 89.2 99.6 106.7 94.0 105.6 123.5 1.1 12.3 17.0
Direct government payments ($ billion) 9.3 22.9 20.7 11.2 17.2 13.3 9.4 53.6 -22.7
Gross cash income ($ billion) 186.9 228.7 235.6 221.0 249.5 271.7 2.0 12.9 8.9
Net cash income ($ billion) 52.7 56.7 60.1 49.5 71.6 85.5 0.7 44.6 19.4
Net value added ($ billion) 80.8 91.9 95.0 78.6 101.2 125.9 1.3 28.8 24.4
Farm equity ($ billion) 702.6 1,025.6 1,070.2 1,110.7 1,180.8 1,293.9f 3.9 6.3 9.6
Farm debt-asset ratio 16.4 14.8 14.8 14.8 14.4 13.8f -1.0 -2.7 -4.2
Farm household income ($/farm household) 38,237 61,947 64,117 65,757 68,515 81,480p 4.9 4.2 18.9
Farm household income relative to average U.S. household income (%) 103.1 108.6 110.2 113.7 116.0 134.6 0.5 2.0 16.0
Nonmetro-metro difference in poverty rates (%points) 3.6 2.6 3.1 2.6 2.1 na -3.2 -19.2 na
Cropland harvested (million acres) 310 314 311 307 315 312p 0.1 2.6 -1.0
USDA Conservation Program expenditures ($ billion)1 3.0 3.3 3.7 4.2 4.3 5.1 1.0 2.4 18.6
f= Forecast. p = Preliminary. 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
1990 2000 2001 2002 2003 2004 1990-2000 2002-03 2003-04
U.S. gross domestic product ($ billion)2 5,803 9,817 10,128 10,470 10,971 11,734 5.4 4.8 7.0
Food and fiber share (%) 7.9 5.8 5.8 5.8 4.9 na -3.0 -15.5 na
Farm sector share (%) 1.3 0.7 0.7 0.7 0.8 na -6.0 14.3 na
Total agricultural imports ($ billion)1 22.7 38.9 39.0 41.0 45.7 52.7 5.5 11.5 15.3
Total agricultural exports ($ billion)1 40.3 50.7 52.7 53.3 56.2 62.4 2.3 5.4 11.0
Export share of the volume of U.S. agricultural production (%) 18.2 17.6 17.6 16.7 17.9 16.3 -0.3 7.2 -8.9
CPI for food (1982-84=100) 132.4 167.9 173.1 176.2 180.0 186.2 2.4 2.2 3.4
Share of U.S. disposable income spent on food (%) 11.2 9.8 9.8 9.5 9.4 9.5 -1.3 -1.1 1.1
Share of total food expenditures for at-home consumption (%) 55.1 51.7 51.7 50.8 50.3 49.7 -0.6 -1.0 -1.2
Farm-to-retail price spread (1982-84=100) 144.5 210.3 215.4 221.2 225.6 232.9 3.8 2.0 3.2
Total USDA food and nutrition assistance spending ($ billion)2 24.9 32.6 34.2 38.0 41.8 46.2 2.7 10.0 10.5
f= Forecast. p = Preliminary. na = Not available. All dollar amounts are in current dollars.
1 Based on October-September fiscal years ending with year indicated.
2 The methodology for computing these measures has changed. These statistics are not comparable to previously published statistics. Sources and computation methodology are available at: http://www.ers.usda.gov/amber-waves/about/methodology-notes.aspx

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