Farm, Rural, Natural Resources and Food and Fiber Sector Indicators


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AmberWaves February 2004 > Indicators

item	1990	1995	2000	2001	2002	2003	1990-2000	2001-02	2002-03
Farm, Rural, and Natural Resources Indicators
empty cell							Annual percent change
Cash receipts ($ billion)	169.5	188.0	192.0	199.8	192.9	209.9 f	1.3	-3.5	8.8
Crops	80.3	100.8	92.4	93.4	99.5	105.6 f	1.4	6.5	6.1
Livestock	89.2	87.2	99.5	106.4	93.5	104.3 f	1.1	-12.1	11.6
Direct government payments ($ billion)	9.3	7.3	22.9	20.7	11.0	19.7 f	9.4	-46.9	79.1
Gross cash income ($ billion)	186.9	205.9	228.6	235.3	219.4	246.0 f	2.0	-6.8	12.1
Net cash income ($ billion)	52.7	52.5	56.5	59.2	49.1	65.1 f	0.7	-17.1	32.6
Net value added ($ billion)	80.8	74.8	92.0	94.2	76.9	100.1 f	1.3	-18.4	30.2
Farm equity ($ billion)	702.6	815.0	1,025.6	1,070.1	1,110.7f	1,147.2f	3.9	3.8	3.3
Farm debt-asset ratio	16.4	15.6	14.8	14.8	14.8f	14.8 f	-1.0	0.0	0.0
Farm household income ($/farm household)	38,237	44,392	61,947	64,117 p	65,757 p	68,884 f	4.9	2.6	4.8
Farm household income relative to average U.S. household income (%)	103.1	98.8	108.6	110.2	na	na	0.5	na	na
Nonmetro-metro difference in poverty rates (%points)	3.6	2.2	2.6	3.1	2.6	na	-3.2	-1.7	na
Cropland harvested (million acres)	310	302	314	311	307p	na	0.1	-1.3	na
USDA Conservation Program expenditures ($ bil.)¹	3.0	3.5	3.4	3.7	3.5 q	na	1.3	-5.4	na
Food and Fiber Sector Indicators
empty cell							Annual percent change
item	1990	1995	2000	2001	2002	2003	1990-2000	2001-02	2002-03
U.S. gross domestic product ($ billion current)²	5,803	7,401	9,825	10,082	10,446	10,863 f	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)¹	22.7	29.8	38.9	39.0	41.0	45.7	5.5	5.1	11.5
Total agricultural exports ($ billion)¹	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	21.9 P	n.a.	0.0	-2.7	n.a.
CPI for food (1982-84=100)	132.4	148.4	167.9	173.1	176.2	180.0 f	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)¹	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. ¹ Based on October-November fiscal years ending with year indicated. ² Forecast for 2003 based on the Office of Management and Budget's Midsession Budget Review, July 2003.

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Farm, Rural, and Natural Resources Indicators

Food and Fiber Sector Indicators