Indicators

Farm, Rural, and Natural Resources Indicators
  2000 2001 2002 2003 2004 2005 2002-03¹ 2003-04¹ 2004-05¹
Cash receipts ($ billion) 192.1 200.1 195.0 216.6 241.2 239.0f 11.1 11.4 -0.9
Crops 92.5 93.3 101.0 111.0 117.8 114.1f 9.9 6.1 -3.1
Livestock 99.6 106.7 94.0 105.6 123.5 124.9f 12.3 17.0 1.1
Direct government payments ($ billion) 22.9 20.7 11.2 17.2 13.3 23.0f 53.6 -22.7 72.9
Gross cash income ($ billion) 228.7 235.6 221.0 249.5 271.7 279.5f 12.9 8.9 2.9
Net cash income ($ billion) 56.7 60.1 49.5 71.6 85.5 82.8f 44.6 19.4 -3.2
Net value added ($ billion) 91.9 95.0 78.6 101.2 125.9 119.3f 28.8 24.4 -5.2
Farm equity ($ billion) 1,025.6 1,070.2 1,110.7 1,180.8 1,293.9 1,376.9f 6.3 9.6 6.4
Farm debt-asset ratio 14.8 14.8 14.8 14.4 13.8 13.4f -2.7 -4.2 -2.9
Farm household income ($/farm household) 61,947 64,117 65,761 68,597 81,480p 83,461f 4.3 18.8 2.4
Farm household income relative to average U.S. household income (%) 108.6 110.2 113.7 116.1 134.6p NA 2.1 15.9 NA
Nonmetro-metro difference in poverty rates (% points) 2.6 3.1 2.6 2.1 NA NA -19.2 NA NA
Cropland harvested (million acres) 314 311 307 315 312 312p 2.6 -1.0 0.0
USDA Conservation Program expenditures ($ billion)2 3.3 3.7 4.2 4.3 5.1 NA 2.4 18.6 NA

1Annual percent change.
2Based on October-September fiscal years ending with year indicated.
f= Forecast.
p = Preliminary.
NA = Not available.
All dollar amounts are in current dollars.
Food and Fiber Sector Indicators
  2000 2001 2002 2003 2004 2005 2002-03¹ 2003-04¹ 2004-05¹
U.S. gross domestic product ($ billion) 9,817 10,128 10,470 10,971 11,734 12,487 4.8 7.0 6.4
Share of GDP in agriculture and related industries (%)2 4.8 4.8 4.8 4.8 4.8 NA 0.0 0.0 NA
Share of GDP in agriculture (%)2 0.7 0.7 0.7 0.8 1.0 NA 11.1 19.2 NA
Total agricultural imports ($ billion)3 38.9 39.0 41.0 45.7 52.7 57.7 11.5 15.3 9.5
Total agricultural exports ($ billion)3 50.7 52.7 53.3 56.2 62.4 62.4 5.4 11.0 0.0
Export share of the volume of U.S. agricultural production (%) 17.6 17.6 16.7 17.9 16.3 NA 7.2 -8.9 NA
CPI for food (1982-84=100) 167.9 173.1 176.2 180.0 186.2 190.7 2.2 3.4 2.4
Share of U.S. disposable income spent on food (%) 9.8 9.8 9.5 9.4 9.5 NA -1.1 1.1 NA
Share of total food expenditures for at-home consumption (%) 51.7 51.7 50.8 50.3 49.7 NA -1.0 -1.2 NA
Farm-to-retail price spread (1982-84=100) 210.3 215.4 221.2 225.6 232.1 238.3 2.0 2.9 2.7
Total USDA food and nutrition assistance spending ($ billion)3 32.6 34.2 38.0 41.8 46.2 50.9 10.0 10.5 10.2

1Annual percent change.
2The methodology for computing these measures has changed. These statistics are not comparable to previously published statistics.
3Based on October-September fiscal years ending with year indicated.
f= Forecast.
p = Preliminary.
NA = Not available.
All dollar amounts are in current dollars.