Indicators
| 2007 | 2008 | 2009 | 2010 | 2011 | 2007-081 | 2008-091 | 2009-101 | 2010-111 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash receipts ($ billion) | 288.5 | 316.7 | 288.6 | 314.4 | 362.9f | 10.3 | -8.9 | 8.9 | 15.4 |
| Crops | 150.1 | 175.0 | 168.3 | 172.9 | 196.6f | 17.8 | -3.8 | 2.7 | 13.9 |
| Livestock | 138.5 | 141.6 | 120.3 | 141.4 | 166.0f | 2.2 | -15.0 | 17.5 | 17.4 |
| Direct government payments ($ billion) | 11.9 | 12.2 | 12.2 | 12.4 | 10.6f | 2.5 | 0.0 | 1.6 | 14.5 |
| Gross cash income ($ billion) | 318.0 | 350.4 | 322.8 | 345.0 | 396.1 | 10.7 | -7.9 | 6.9 | 14.8 |
| Net cash income ($ billion) | 77.7 | 88.6 | 74.4 | 92.3 | 108.7f | -16.3 | -16.0 | 24.1 | 17.8 |
| Net value added ($ billion) | 117.2 | 135.0 | 110.6 | 129.9 | 149.4f | 16.6 | -17.3 | 16.4 | 15.0 |
| Farm equity ($ billion) | 1,841.2 | 1,781.7 | 1,812.5 | 1,944.0 | 2,095.0f | -3.3 | 1.7 | 7.3 | 7.8 |
| Farm debt-asset ratio | 10.4 | 11.9 | 11.8 | 11.3 | 10.5f | 15.4 | -0.8 | -4.2 | 7.1 |
| Farm household income ($/farm household) | 54,428 | 51,431 | 52,235 | 54,162 | 54,817f | -5.5 | 1.6 | 3.7 | 1.2 |
| Farm household income relative to median U.S. household income (%) | 108.4 | 102.2 | 104.9 | 109.5 | NA | NA | NA | NA | NA |
| Nonmetro-metro difference in poverty rates (% points) | 3.5 | 2.2 | 2.7 | 1.6 | NA | NA | NA | NA | NA |
| Cropland harvested (million acres) | 312 | 315 | 310 | 315 | 302p | 1.0 | -1.6 | 1.6 | NA |
| USDA Conservation Program expenditures2 | 4.5 | 5.2 | 4.9 | 5.7 | 6.2p | 15.6 | -6.0 | 16.1 | 8.7 |
| f = Forecast. p = Preliminary. NA = Not available. All dollar amounts are in current dollars. 1Annual percent change. 2Based on October-September fiscal years ending with year indicated. Source: USDA, Economic Research Service. |
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| 2007 | 2008 | 2009 | 2010 | 2011 | 2007-081 | 2008-091 | 2009-101 | 2010-111 | |
|---|---|---|---|---|---|---|---|---|---|
| U.S. gross domestic product ($ billion) | 14,062 | 14,369 | 14,119 | 14,698f | NA | 1.9 | -2.5 | 4.2 | NA |
| Share of agriculture and related industries in GDP (%) | 4.8 | 4.8 | 4.8 | 4.8f | NA | NA | NA | NA | NA |
| Share of agriculture in GDP (%) | 0.8 | 0.9 | 0.7 | 0.9f | NA | NA | NA | NA | NA |
| Total agricultural imports ($ billion)2 | 70.1 | 79.3 | 73.4 | 79.0 | 94.5 | 13.1 | -7.4 | 7.6 | 19.6 |
| Total agricultural exports ($ billion)2 | 82.2 | 114.9 | 96.3 | 108.7 | 137.4 | 39.8 | -16.2 | 12.9 | 26.4 |
| Export share of the volume of U.S. agricultural production (%) | 21.8 | 21.7 | 19.8 | 21.0f | NA | NA | NA | NA | NA |
| CPI for food (1982-84=100) | 202.9 | 214.1 | 218.0 | 219.7 | 227.8f | 5.5 | 1.8 | 0.8 | 3.7 |
| Share of U.S. disposable income spent on food (%) | 9.6 | 9.5 | 9.4 | 9.4 | NA | NA | NA | NA | NA |
| Share of total food expenditures for at-home consumption (%) | 52.8 | 53.4 | 53.4 | 53.5 | NA | NA | NA | NA | NA |
| Farm-to-retail price spread (1982-84=100) | 248.1 | 267.0 | 276.5 | 269.3 | NA | 7.6 | 3.6 | -2.6 | NA |
| Total USDA food and nutrition assistance spending ($ billion)2 | 54.3 | 60.9 | 79.2 | 95.4 | 103.3 | 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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