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Amber Waves

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Indicators

Farm, Rural, and Natural Resources Indicators
 Annual percent change
 200320042005200620072003-042004-052005-062006-07
Cash receipts
($ billion)
215.6 237.3 240.7 239.3 276.4f 10.1 1.4 -0.6 15.5
Crops 109.9 113.7 115.9 120.0 136.2f 3.5 1.9 3.5 13.5
Livestock 105.6 123.6 124.9 119.3 140.2f 17.0 1.1 -4.5 17.5
Direct government payments
($ billion)
16.5 13.0 24.4 15.8 13.6f -21.2 87.7 -35.2 -13.9
Gross cash income
($ billion)
247.8 267.4 281.3 272.5 308.0f 7.9 5.2 -3.1 13.0
Net cash income
($ billion)
70.2 82.2 85.8 67.9 85.9f 17.1 4.4 -20.9 26.5
Net value added
($ billion)
100.0 127.8 121.4 104.4 135.4f 27.8 -5.0 -14.0 29.7
Farm equity
($ billion)
1,203.6 1,401.9 1,612.0 1,724.1 1,954.5f 16.5 15.0 7.0 13.4
Farm debt-asset ratio 12.7 11.5 10.7 10.7 9.9f -9.4 -7.0 0.0 -7.5
Farm household income
($/farm household)
68,597 81,596 81,420 80,331 86,693f 18.9 -0.2 -1.3 7.9
Farm household income relative to average U.S. household income
(%)
116.1 134.8 128.5 120.7 na 16.1 -4.7 -6.1 na
Nonmetro-metro difference in poverty rates
(%points)1
2.1 na 2.3 3.4 na na na 47.8 na
Cropland harvested
(million acres)
315 312 312p na na -1.0 0.0 na na
USDA Conservation Program expenditures
($ 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 11,713 12,456 na na 6.9 6.3 na 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 68.7 78.0 11.4 0.2 9.9 13.5
Export share of the volume of U.S. agricultural production
(%)1
21.1 20.9 20.1p na na -0.9 -3.8 na na
CPI for food
(1982-84=100)
180.0 186.2 190.7 195.3 202.6f 3.4 2.4 2.4 3.7
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
(%)
52.0 51.5 51.3 51.1 na -1.0 -0.4 -0.4 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.
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