Indicators
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| 2008 | 2009 | 2010 | 2011 | 2012 | 2007-081 | 2008-091 | 2009-101 | 2010-111 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash receipts ($ billion) | 318.3 | 283.4 | 312.3f | 365.9f | NA | 10.3 | -11.0 | 10.2 | 17.2 |
| Crops | 176.8 | 163.7 | 170.9f | 200.6f | NA | 17.8 | -7.4 | 4.4 | 17.4 |
| Livestock | 141.5 | 119.8 | 141.5f | 165.4f | NA | 2.2 | -15.3 | 18.1 | 16.9 |
| Direct government payments ($ billion) | 12.2 | 12.3 | 12.2f | 10.6f | NA | 2.5 | 0.8 | -0.8 | -13.1 |
| Gross cash income ($ billion) | 352.0 | 317.6 | 345.6f | 396.1f | NA | 10.7 | -9.8 | 8.8 | 14.6 |
| Net cash income ($ billion) | 90.4 | 69.1 | 91.3f | 109.8f | NA | 16.3 | -23.6 | 32.1 | 20.3 |
| Net value added ($ billion) | 136.6 | 112.1 | 129.0f | 153.7f | NA | 16.6 | -17.9 | 15.1 | 19.1 |
| Farm equity ($ billion) | 1,780.6 | 1,811.8 | 1,880.8f | 1,994.9f | NA | -3.3 | 1.7 | 3.8 | 3.4 |
| Farm debt-asset ratio | 12.0 | 11.9 | 11.3f | 10.4f | NA | 15.4 | -0.8 | -5.0 | -8.0 |
| Farm household income ($/farm household) | 51,431 | 52,235 | 54,162 | 55,131f | 55,805f | -5.5 | 1.6 | 3.7 | 1.8 |
| Farm household income relative to median U.S. household income (%) | 116.6 | 133.5 | NA | NA | NA | NA | NA | NA | NA |
| Nonmetro-metro difference in poverty rates (% points) | 2.2 | 2.7 | 1.6 | NA | NA | NA | NA | NA | NA |
| Cropland harvested (million acres) | 315 | 310 | 315 | 302p | NA | 1.0 | -1.6 | 1.6 | NA |
| USDA Conservation Program expenditures ($ billion)2 | 5.2 | 4.9 | 5.7 | 5.9p | NA | 15.6 | -6.0 | 16.1 | 4.0 |
| f = Forecast. p = Preliminary. NA = Not available. All dollar amounts are in current dollars. 1Annual percent change. 2Based on October-September fiscal years ending with year indicated. Source: USDA, Economic Research Service. |
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| 2008 | 2009 | 2010 | 2011 | 2012 | 2007-081 | 2008-091 | 2009-101 | 2010-111 | |
|---|---|---|---|---|---|---|---|---|---|
| U.S. gross domestic product ($ billion) | 14,369 | 14,119 | 14,698f | NA | NA | 1.9 | -2.5 | 4.2 | NA |
| Share of agriculture and related industries in GDP (%) | 4.6 | 4.6 | 4.6f | NA | NA | NA | NA | NA | NA |
| Share of agriculture in GDP (%) | 0.9 | 0.7 | 0.9f | NA | NA | NA | NA | NA | NA |
| Total agricultural imports ($ billion)2 | 79.3 | 73.4 | 79.0 | 94.5 | 106.5 | 13.1 | -7.4 | 7.6 | 19.6 |
| Total agricultural exports ($ billion)2 | 114.9 | 96.3 | 108.7 | 137.4 | 131.0 | 39.8 | -16.2 | 12.9 | 26.4 |
| Export share of the volume of U.S. agricultural production (%) | 21.7 | 19.8 | 21.0f | 21.5 | NA | NA | NA | NA | NA |
| CPI for food (1982-84=100) | 214.1 | 218.0 | 219.6 | 227.8 | 234.6f | 5.5 | 1.8 | 0.7 | 3.7 |
| Share of U.S. disposable income spent on food (%) | 9.5 | 9.4 | 9.4 | NA | NA | NA | NA | NA | NA |
| Share of total food expenditures for at-home consumption (%) | 53.4 | 53.4 | 53.5 | NA | NA | NA | NA | NA | NA |
| Farm-to-retail price spread (1982-84=100) | 267.0 | 276.5 | 269.3 | NA | NA | 7.6 | 3.6 | -2.6 | NA |
| Total USDA food and nutrition assistance spending ($ billion)2 | 60.9 | 79.2 | 95.4 | 103.7 | NA | 12.2 | 30.0 | 20.5 | 8.3 |
| f = Forecast. p = Preliminary. NA = Not available. All dollar amounts are in current dollars. 1Annual percent change. 2Based on October-September fiscal years ending with year indicated. Source: USDA, Economic Research Service. |
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