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Amber Waves

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Indicators

Farm, Rural, and Natural Resources Indicators
 Annual percent change
 200420052006200720082004-052005-062006-072007-08
Cash receipts
($ billion)
237.3 240.7 239.3 285.4p 313.2f 1.4 -0.6 19.3 9.7
Crops 113.7 115.9 120.0 143.9p 174.6f 1.9 3.5 19.9 21.3
Livestock 123.6 124.9 119.3 141.4p 138.7f 1.1 -4.5 18.5 -1.9
Direct government payments
($ billion)
13.0 24.4 15.8 12.0p 13.4f 87.7 -35.2 -24.1 11.7
Gross cash income
($ billion)
267.4 281.3 272.5 316.2p 346.0f 5.2 -3.1 16.0 9.4
Net cash income
($ billion)
82.2 85.8 67.9 87.6p 96.6f 4.4 -20.9 29.0 10.3
Net value added
($ billion)
127.8 121.4 104.4 137.6p 144.1f -5.0 -14.0 31.8 4.7
Farm equity
($ billion)
1,401.9 1,576.1 1,771.8 2,002.7p 2,286.2f 12.4 12.4 13.0 14.2
Farm debt-asset ratio 11.5 10.9 10.5 9.9p 9.1f -5.2 -3.7 -5.7 -8.1
Farm household income
($/farm household)
81,596 81,599 77,654 84,159p 89,434f 0.0 -4.8 8.4 6.3
Farm household income relative to average U.S. household income
(%)
134.8 128.8 116.7 na na -4.5 -9.4 na na
Nonmetro-metro difference in poverty rates
(%points)1
na 2.3 3.4 na na na na na na
Cropland harvested
(million acres)
312 314 304p na na 0.6 -3.2 na na
USDA Conservation Program expenditures
($ billion)1, 2
5.1 na na na na na 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
 200420052006200720082004-052005-062006-072007-08
U.S. gross domestic product
($ billion)
11,686 12,434 13,195 na na 6.4 6.1 na na
Share of agriculture and related industries in GDP
(%)1
4.7 4.5 na na na -4.3 na na na
Share of agriculture in GDP
(%)1
1.0 0.8 na na na -16.3 na na na
Total agricultural imports
($ billion)2
52.7 57.7 64.0 70.0 na 9.5 10.9 9.4 na
Total agricultural exports
($ billion)2
62.4 62.5 68.7 81.9 na 0.2 9.9 19.2 na
Export share of the volume of U.S. agricultural production
(%)1
21.3 21.7 22.3 23.0f na 1.9 2.8 3.1 na
CPI for food
(1982-84=100)
186.2 190.7 195.3 202.9 na 2.4 2.4 3.9 na
Share of U.S. disposable income spent on food
(%)
9.7 9.8 9.9 na na 1.0 1.0 na na
Share of total food expenditures for at-home consumption
(%)
51.5 51.4 51.1 na na -0.2 -0.6 na na
Farm-to-retail price spread
(1982-84=100)
232.1 239.2 246.0 na na 3.1 2.8 na na
Total USDA food and nutrition assistance spending
($ billion)2
46.2 50.9 53.1 54.3 na 10.2 4.3 2.3 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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