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Indicators

Farm, Rural, and Natural Resources Indicators
 Annual percent change
 200320042005200620072003-042004-052005-062006-07
Cash receipts
($ billion)
215.6 237.3 240.7 239.3 282.2f 10.1 1.4 -0.6 17.9
Crops 109.9 113.7 115.9 120.0 142.6f 3.5 1.9 3.5 18.8
Livestock 105.6 123.6 124.9 119.3 139.6f 17.0 1.1 -4.5 17.0
Direct government payments
($ billion)
16.5 13.0 24.4 15.8 12.1f -21.2 87.7 -35.2 -23.4
Gross cash income
($ billion)
247.8 267.4 281.3 272.5 312.1f 7.9 5.2 -3.1 14.5
Net cash income
($ billion)
70.2 82.2 85.8 67.9 85.7f 17.1 4.4 -20.9 26.2
Net value added
($ billion)
100.0 127.8 121.4 104.4 136.2f 27.8 -5.0 -14.0 30.5
Farm equity
($ billion)
1,203.6 1,401.9 1,576.1 1,771.8 2007.5f 16.5 12.4 12.4 13.3
Farm debt-asset ratio 12.7 11.5 10.9 10.5 9.7f -9.4 -5.2 -3.7 -7.6
Farm household income
($/farm household)
68,597 81,596 81,599 77,654 83,622f 18.9 0.0 -4.8 7.7
Farm household income relative to average U.S. household income
(%)
116.1 134.9 128.8 116.7 na 16.2 -4.5 -9.4 na
Nonmetro-metro difference in poverty rates
(%points)1
2.1 na 2.3 3.4 na na na na na
Cropland harvested
(million acres)
315 312 312p na na -1.0 0.0 na na
USDA Conservation Program expenditures
($ billion)2
4.3 5.1 na na na 18.6 na 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.
Food and Fiber Sector Indicators
 Annual percent change
 200320042005200620072003-042004-052005-062006-07
U.S. gross domestic product
($ billion)
10,961 11,686 12,434 13,195 na 6.6 6.4 6.1 na
Share of agriculture and related industries in GDP
(%)1
4.8 4.7 4.5 na na -2.1 -4.3 na na
Share of agriculture in GDP
(%)1
0.8 1.0 0.8 na na 19.2 -16.3 na na
Total agricultural imports
($ billion)2
45.7 52.7 57.7 64.0 70.0 15.3 9.5 10.9 9.4
Total agricultural exports
($ billion)2
56.0 62.4 62.5 68.6 81.9 11.4 0.2 9.8 19.4
Export share of the volume of U.S. agricultural production
(%)1
21.8 21.3 21.7 22.3 23.0f -2.3 1.9 2.8 3.1
CPI for food
(1982-84=100)
180.0 186.2 190.7 195.3 202.8f 3.4 2.4 2.4 3.8
Share of U.S. disposable income spent on food
(%)
9.8 9.7 9.8 9.9 na -1.0 1.0 1.0 na
Share of total food expenditures for at-home consumption
(%)
51.8 51.5 51.4 51.1 na -0.6 -0.2 -0.6 na
Farm-to-retail price spread
(1982-84=100)
225.6 232.1 239.2 246.0 na 2.9 3.1 2.8 na
Total USDA food and nutrition assistance spending
($ billion)2
41.8 46.2 50.9 53.1 na 10.5 10.2 4.3 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.