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Indicators

Farm, Rural, and Natural Resources Indicators
 Annual percent change
 1990199520002001200220031990-
2000
2001-
02
2002-
03
Cash receipts ($ billion) 169.5 188.0 192.0 199.8 192.9 212.4 f 1.3 -3.5 8.8
Crops 80.3 100.8 92.4 93.4 99.5 106.7 f 1.4 6.5 6.1
Livestock 89.2 87.2 99.5 106.4 93.5 105.6 f 1.1 -12.1 11.6
Direct government payments ($ billion) 9.3 7.3 22.9 20.7 11.0 17.4 f 9.4 -46.9 79.1
Gross cash income ($ billion) 186.9 205.9 228.6 235.3 219.4 244.9 f 2.0 -6.8 12.1
Net cash income ($ billion) 52.7 52.5 56.5 59.2 49.1 63.0 f 0.7 -17.1 32.6
Net value added ($ billion) 80.8 74.8 92.0 94.2 76.9 98.9 f 1.3 -18.4 30.2
Farm equity ($ billion) 702.6 815.0 1,025.6 1,070.1 1,110.7f 1160.5f 3.9 3.8 3.3
Farm debt-asset ratio 16.4 15.6 14.8 14.8 14.8f 14.7f -1.0 0.0 0.0
Farm household income ($/farm household) 38,237 44,392 61,947 64,117p 65,757p 67,453f 4.9 2.6 4.8
Farm household income relative to average U.S. household income (%) 103.1 98.8 108.6 110.2 113.7 na 0.5 na na
Nonmetro-metro difference in poverty rates (%points) 3.6 2.2 2.6 3.1 2.6 na -3.2 -16.1 na
Cropland harvested (million acres) 310 302 314 311 307p na 0.1 -1.3 na
USDA Conservation Program expenditures ($ bil.)1 3.0 3.5 3.4 3.7 3.5q na 1.3 -5.4 na
f = Forecast. p = Preliminary. q = 2002 Administration request. na = Not available.
1 Based on October-November fiscal years ending with year indicated.
Food and Fiber Sector Indicators
 Annual percent change
 1990199520002001200220031990-
2000
2001-
02
2002-
03
U.S. gross domestic product ($ billion current)1 5,803 7,401 9,825 10,082 10,446 10,863f 5.4 3.6 4.0
Food and fiber share (%) 15.1 14.2 12.6 12.3 na na -1.8 na na
Farm sector share (%) 1.4 1.0 0.8 0.8 0.8 na -5.4 0.0 na
Total agricultural imports ($ billion)2 22.7 29.8 38.9 39.0 41.0 45.7 5.5 5.1 11.5
Total agricultural exports ($ billion)2 40.3 54.6 50.7 52.7 53.3 56.2 2.3 1.1 5.4
Exports' share of the volume of U.S. agriculture production (%) 22.5 25.8 22.4 22.5 21.9p na 0.0 -2.7 na
CPI for food (1982-84=100) 132.4 148.4 167.9 173.1 176.2 180.0 2.4 1.8 2.2
Share of U.S. disposable income spent on food (%) 11.2 10.6 10.2 10.2 10.1 na -0.9 -1.0 na
Share of total food expenditures for at-home consumption (%) 55.4 53.9 53.3 53.8 53.9p na -0.4 0.2 na
Farm-to-retail price spread (1982-84=100) 144.5 174.5 210.3 215.4 221.2 na 3.8 2.7 na
Total USDA food and nutrition assistance spending ($ billion)2 24.9 37.9 32.6 34.2 38.0 41.6 2.7 11.1 9.5
f = Forecast. p = Preliminary. q = 2002 Administration request. na = Not available.
1Forecast for 2003 based on the Office of Management and Budget's Midsession Budget Review, July 2003.
2Based on October-November fiscal years ending with year indicated.
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