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Amber Waves

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Indicators

Farm, Rural, and Natural Resources Indicators
 Annual percent change
 200220032004200520062003-042003-042004-052005-06
Cash receipts
($ billion)
195.0 215.5 237.9 238.9 235.3f 10.5 10.4 0.4 -1.5
Crops 101.0 109.9 114.3 114.0 116.3f 8.8 4.0 -0.3 2.0
Livestock 94.0 105.6 123.6 125.0 119.0f 12.3 17.0 1.1 -4.8
Direct government payments
($ billion)
12.4 16.5 13.0 24.3 18.2f 33.1 -21.2 86.9 -25.1
Gross cash income
($ billion)
222.2 247.8 267.8 280.9 272.3f 11.5 8.1 4.9 -3.1
Net cash income
($ billion)
50.7 70.0 81.5 81.2 63.2f 38.1 16.4 -0.4 -22.2
Net value added
($ billion)
82.2 102.0 128.9 120.4 103.0 24.1 26.4 -6.6 -14.5
Farm equity
($ billion)
1,110.7 1,180.8 1,383.1 1,591.2 1,702.1f 6.3 17.1 15.0 7.0
Farm debt-asset ratio 14.8 14.4 12.7 11.9 11.3 -2.7 -11.8 -6.3 -5.0
Farm household income
($/farm household)
65,761 68,597 81,596 79,961 75,848f 4.3 18.9 -2.0 -5.1
Farm household income relative to average U.S. household income
(%)
113.7 116.1 134.8 126.2 na 2.1 16.1 -6.4 na
Nonmetro-metro difference in poverty rates
(%points)1
2.6 2.1 na 2.3 na -19.2 na na na
Cropland harvested
(million acres)
307 315 312 312p na 2.6 -1.0 0.0 na
USDA Conservation Program expenditures
($ billion)2
4.2 4.3 5.1 na na 2.4 18.6 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
 200220032004200520062003-042003-042004-052005-06
U.S. gross domestic product
($ billion)
10,470 10,961 11,713 12,487 na 4.8 7.0 6.4 na
Share of agriculture and related industries in GDP
(%)1
4.8 4.8 4.8 na na 0.0 0.0 na na
Share of agriculture in GDP
(%)1
0.7 0.8 1.0 na na 11.1 19.2 na na
Total agricultural imports
($ billion)2
41.0 45.7 52.7 57.7 64.5 11.5 15.3 9.5 11.8
Total agricultural exports
($ billion)2
53.3 56.0 62.4 62.5 68.0 5.1 11.4 0.2 8.8
Export share of the volume of U.S. agricultural production
(%)1
22.9 23.3 23.0 22.2p na 1.7 -1.3 -3.5 na
CPI for food
(1982-84=100)
176.2 180.0 186.2 190.7 195.3 2.2 3.4 2.4 2.4
Share of U.S. disposable income spent on food
(%)
9.8 9.8 9.7 9.9 na 0.0 -1.0 2.1 na
Share of total food expenditures for at-home consumption
(%)
52.2 52.0 51.5 51.5 na -0.4 -1.0 0.0 na
Farm-to-retail price spread
(1982-84=100)
221.2 225.6 232.1 238.3 na 2.0 2.9 2.7 na
Total USDA food and nutrition assistance spending
($ billion)2
38.0 41.8 46.2 50.9 na 10.0 10.5 10.2 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.
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