Indicators Table
| 2008 | 2009 | 2010 | 2011 | 2012 | 2008-09¹ | 2009-10¹ | 2010-11¹ | 2011-12¹ | |
|---|---|---|---|---|---|---|---|---|---|
| Cash receipts ($ billion) | 316.4 | 289.1 | 321.1 | 374.3 | 385.5f | -8.6 | 11.1 | 16.5 | 3.0 |
| Crops | 174.8 | 168.9 | 179.6 | 208.3 | 216.6f | -3.4 | 6.4 | 16.0 | 4.0 |
| Livestock | 141.6 | 120.3 | 141.6 | 166.0 | 169.0 | -15.1 | 17.7 | 17.3 | 1.8 |
| Direct government payments ($ billion) | 12.2 | 12.2 | 12.4 | 10.4 | 10.9f | -0.5 | 1.8 | -15.9 | 4.2 |
| Gross cash income ($ billion) | 350.1 | 323.3 | 351.8 | 410.8 | 431.3f | -7.7 | 8.8 | 16.8 | 5.0 |
| Net cash income ($ billion) | 89.0 | 75.6 | 99.4 | 134.7 | 132.8f | -15.0 | 31.5 | 35.5 | -1.4 |
| Net value added ($ billion) | 135.4 | 112.8 | 131.2 | 166.7 | 164.8f | -16.7 | 16.3 | 27.1 | -1.1 |
| Farm equity ($ billion) | 1,781.7 | 1,812.5 | 1,939.1 | 2,129.8 | 2,274.4f | 1.7 | 7.0 | 9.8 | 6.8 |
| Farm debt-asset ratio | 11.9 | 11.8 | 11.5 | 10.7 | 10.5f | -0.8 | -2.5 | -7.0 | -1.9 |
| Farm household income ($/farm household) | 51,431 | 52,235 | 54,162 | 57,050 | 57,645f | 1.6 | 3.7 | 5.3 | NA |
| Farm household income relative to median U.S. household income (%) | 1.02 | 1.05 | 1.1 | 1.14 | NA | NA | NA | NA | NA |
| Nonmetro-metro difference in poverty rates (% points) | 2.2 | 2.7 | 1.6 | 2.4 | NA | NA | NA | NA | NA |
| Cropland harvested (million acres) | 315 | 310 | 315 | 302 | NA | -1.6 | 1.6 | NA | NA |
| USDA Conservation Program expenditures ($ billion)² | 2.5 | 4.9 | 5.7 | 5.9 | NA | -6.0 | 16.1 | 4.0 | NA |
| 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 | 2008-09¹ | 2009-10¹ | 2010-11¹ | 2011-12¹ | |
|---|---|---|---|---|---|---|---|---|---|
| U.S. gross domestic product ($ billion) | 14,029 | 14,292 | 13,974p | 15,076p | 15.630f | -2.2 | 3.8 | 4.0 | 3.7 |
| Share of agriculture and related industries in GDP (%) | 4.6 | 4.6 | 4.6p | 4.8p | 4.8f | NA | NA | NA | NA |
| Share of agriculture in GDP (%) | 1.0 | 0.9 | 1.0p | 1.0p | 1.0f | NA | NA | NA | NA |
| Total agricultural imports ($ billion)² | 79.3 | 73.4 | 79.0 | 94.5 | 106.5f | -7.4 | 7.6 | 19.6 | NA |
| Total agricultural exports ($ billion)² | 114.9 | 96.3 | 108.7 | 137.4 | 136.5f | -16.2 | 12.9 | 26.4 | NA |
| Export share of the volume of U.S. agricultural production (%) | 19.9 | 20.1 | 22.1 | 22.5 | 23.0 | 1.0 | 10.0 | 1.8 | 2.2 |
| CPI for food (1982-84=100) | 214.1 | 218.0 | 219.6 | 227.8 | 233.8 | 1.8 | 0.7 | 3.7 | 2.6 |
| Share of U.S. disposable income spent on food (%) | 9.5 | 9.7 | 9.7 | 9.8 | NA | NA | NA | NA | NA |
| Share of total food expenditures for at-home consumption (%) | 51.3 | 51.2 | 51.1 | 51.3 | NA | NA | NA | NA | NA |
| Farm-to-retail price spread (1982-84=100) | 267.0 | 276.5 | 269.3 | NA | NA | 3.6 | -2.6 | NA | NA |
| Total USDA food and nutrition assistance spending ($ billion)² | 60.9 | 79.2 | 95.4 | 103.8 | 106.5 | 30.0 | 20.5 | 8.8 | 2.6 |
| 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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