Indicators
| Annual percent change | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2005 | 2006 | 2007 | 2008 | 2009 | 2005-06 | 2006-07 | 2007-08 | 2007-08 | |
| Cash receipts ($ billion) | 240.9 | 240.8 | 284.8 | 324.2p | 294.6f | 0.0 | 18.3 | 13.8 | -9.1 |
| Crops | 116.0 | 122.6 | 147.0 | 181.1p | 162.4f | 5.7 | 19.9 | 23.2 | -10.3 |
| Livestock | 124.9 | 118.2 | 137.9 | 143.1p | 132.2f | -5.4 | 16.7 | 3.8 | -7.6 |
| Direct government payments ($ billion) | 24.4 | 15.8 | 11.9 | 12.4p | 11.4f | -35.2 | -24.7 | 4.2 | -8.1 |
| Gross cash income ($ billion) | 281.5 | 274.1 | 313.4 | 354.3p | 324.1f | -2.6 | 14.3 | 13.1 | -8.5 |
| Net cash income ($ billion) | 86.6 | 68.0 | 87.4 | 93.4p | 77.3f | -21.5 | 28.5 | 6.9 | -17.2 |
| Net value added ($ billion) | 123.6 | 103.1 | 132.5 | 137.3p | 120.0f | -16.6 | 28.5 | 3.6 | -12.6 |
| Farm equity ($ billion) | 1,642.2 | 1,851.0 | 1,998.4 | 2,134.5p | 2,171.1f | 12.7 | 8.0 | 6.8 | 1.7 |
| Farm debt-asset ratio | 10.5 | 9.6 | 9.6 | 9.2p | 9.1f | -8.6 | 0.0 | -4.2 | -1.1 |
| Farm household income ($/farm household) | 81,086 | 81,251 | 86,223 | 86,864f | 85,140f | 0.2 | 6.1 | 0.7 | -2.0 |
| Farm household income relative to average U.S. household income (%) | 128.0 | 122.1 | 127.5 | na | na | na | na | na | na |
| Nonmetro-metro difference in poverty rates (%points)1 | 2.3 | 3.4 | 5.5 | na | na | na | na | na | na |
| Cropland harvested (million acres) | 314 | 304p | na | na | na | -3.2 | na | na | na |
| USDA Conservation Program expenditures ($ billion)2 | 4.3 | 4.3 | 4.4p | 5.0f | na | 0.0 | 2.3 | 13.6 | na |
| f = Forecast. p = Preliminary. na = Not available. All dollar amounts are in current dollars. 1 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 2 Based on October-September fiscal years ending with year indicated. | |||||||||
| Annual percent change | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2005 | 2006 | 2007 | 2008 | 2009 | 2005-06 | 2006-07 | 2007-08 | 2007-08 | |
| U.S. gross domestic product ($ billion) | 12,422 | 13,178 | 13,808 | 14,281 | na | 6.1 | 4.8 | 3.4 | na |
| Share of agriculture and related industries in GDP (%)1 | 4.5 | 4.3 | 4.6 | na | na | na | na | na | na |
| Share of agriculture in GDP (%)1 | 0.8 | 0.7 | 1.0 | na | na | na | na | na | na |
| Total agricultural imports ($ billion)2 | 57.7 | 64.0 | 70.1 | 79.3 | 81.0f | 10.9 | 9.5 | 13.1 | 2.1 |
| Total agricultural exports ($ billion)2 | 62.5 | 68.6 | 82.2 | 115.5 | 98.5f | 9.8 | 19.8 | 40.5 | -14.7 |
| Export share of the volume of U.S. agricultural production (%)1 | 21.5 | 23.0 | 23.8p | na | na | na | na | na | na |
| CPI for food (1982-84=100) | 190.7 | 195.3 | 202.9 | 214.1 | na | 2.4 | 3.9 | 5.5 | na |
| Share of U.S. disposable income spent on food (%) | 9.8 | 9.8 | 9.8 | na | na | 0.0 | 0.0 | na | na |
| Share of total food expenditures for at-home consumption (%) | 51.4 | 51.1 | 51.2 | na | na | -0.6 | 0.2 | na | na |
| Farm-to-retail price spread (1982-84=100) | 239.2 | 246.2 | 248.3 | na | na | 2.9 | 0.9 | na | na |
| Total USDA food and nutrition assistance spending ($ billion)2 | 50.9 | 53.1 | 54.3 | na | na | 4.3 | 2.3 | na | na |
| f = Forecast. p = Preliminary. na = Not available. All dollar amounts are in current dollars. 1 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 2 Based on October-September fiscal years ending with year indicated. | |||||||||
