Cover of Amber Waves, December 2011 issue
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December 2011

| United States Department of Agriculture | Economic Research Service
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Statistics Heading
 
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Farm, Rural, and Natural Resources Indicators

Annual percent change

item

2007

2008
2009
2010
2011 2007-08 2008-09
2009-10
2010-11

Cash receipts ($ billion)

288.5

318.3 283.4 312.3f 340.4f 10.3 -11.0 10.2 18.6

Crops

150.1 176.8 163.7 170.9f 206.5f 17.8 -7.4 4.4 20.8

Livestock

138.5 141.5 119.8 141.5f 163.8f 2.2 -15.3 18.1 15.8

Direct government payments ($ billion)

11.9 12.2 12.3 12.2f 10.2f 2.5 0.8 -0.8 -16.4

Gross cash income
($ billion)

318.0 352.0 317.6 345.6f 399.1f 10.7 -9.8 8.8 15.5

Net cash income
($ billion)

77.7 90.4 69.1 91.3f 114.8f 16.3 -23.6 32.1 25.7

Net value added
($ billion)

117.2 136.6 112.1 129.0f 157.0f 16.6 -17.9 15.1 21.7

Farm equity ($ billion)

1,841.2 1,780.6 1,811.8 1,880.8f 2,082.1f -3.3 1.7 3.8 10.7

Farm debt-asset ratio

10.4 12.0 11.9 11.3f 10.4f 15.4 -0.8 -5.0 -8.0

Farm household income ($/farm household)

88,796 79,796 77,169 83,021f 86,352f -10.1 -3.3 7.64.0

Farm household income relative to median U.S. household income (%)

131.3 116.6 133.5 na na na na na na

Nonmetro-metro difference in poverty rates (%points)1

3.5 2.2 2.7 na na na na na na

Cropland harvested (million acres)

312 316 310p 315p na 1.3 -1.9 1.6 na

USDA Conservation Program expenditures
($ billion)1,2

4.5 5.2 4.9 5.7 6.2p 15.6 -6.0 16.1 8.7
Food and Fiber Sector Indicators

Annual percent change

item
2007
2008
2009
2010
2011
2007-08
2008-09
2009-10
2010-11

U.S. gross domestic product ($ billion)

14,062 14,369 14,119 14,698f na 2.2 -1.7 4.1 na

Share of agriculture and related industries in GDP (%)1

4.6 4.6 4.6 4.6f na na na na na

Share of agriculture in GDP (%)1

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 94.5f 13.1 -7.4 7.6 19.6

Total agricultural exports ($ billion)2

82.2 114.9 96.3 108.7 137.0f 39.8 -16.2 12.9 26.0

Export share of the volume of U.S. agricultural production (%)1

21.8 21.7 19.8f 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 na na na na na na

Share of total food expenditures for at-home consumption (%)

52.8 53.4 53.5 na na na na na na

Farm-to-retail price spread (1982-84=100)

248.1 267.0 269.3 269.3 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 na 12.2 30.0 20.5 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:   www.ers.usda.gov/AmberWaves/About/IndicatorsNotes.htm

2 Based on October-September fiscal years ending with year indicated.

 

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