State Ranking by Cash Receipts
2002, 2003, 2004
State
1. California
2002 State
26.1 1. California
2003 State
27.8 1. California
2004
31.8
2. Texas
12.7 2. Texas
15.3 2. Texas
16.5*
3. Iowa
10.8 3. Iowa
12.6 3. Iowa
14.7
10.6 4. Nebraska
11.8
4. Nebraska
9.6 4. Nebraska
5. Kansas
7.9 5. Kansas
*Government payments and ag-related activities not included.
9.0 5. Minnesota
9.8
Ranking of 10 leading states in cash receipts for top 25 commodities, 2004
Commodity 1/
Rank
Value
1
2
3
Million $
All commodities
241,241
Livestock & products
123,481
All crops
117,760
Cattle and calves
1
47,296
Dairy products
2
27,368
Corn
3
22,199
Broilers
4
20,446
Soybeans
5
18,375
Greenhouse & nursery
6
15,697
Hogs
7
14,348
Wheat
8
7,381
Cotton
9
5,405
Chicken eggs
10
5,303
Hay
11
4,405
Grapes
12
3,015
Turkeys
13
2,996
Potatoes
14
2,373
Almonds
15
2,200
Lettuce
16
2,069
Tomatoes
17
2,063
Apples
18
1,785
Rice
19
1,728
Oranges
20
1,570
Tobacco
21
1,519
Strawberries
22
1,472
Sugar beets
23
1,270
Horses & mules
24
1,161
Onions
25
1,024
CA
31,835
TX
11,107
CA
23,212
TX
7,990
CA
5,366
IA
4,220
GA
2,858
IL
2,945
CA
3,328
IA
3,801
KS
1,116
TX
1,546
IA
492
CA
603
CA
2,758
MN
516
ID
503
CA
2,200
CA
1,462
CA
1,091
WA
1,142
AR
808
FL
980
NC
620
CA
1,219
ID
217
KY
950
CA
314
TX
16,498
CA
8,623
IL
7,769
NE
6,197
WI
3,688
IL
4,121
AR
2,731
IA
2,887
FL
1,629
NC
2,079
ND
1,075
CA
773
GA
394
TX
355
WA
127
NC
449
WA
453
na
IA
14,653
NE
7,338
IA
7,369
KS
5,644
NY
1,950
NE
2,544
AL
2,407
MN
1,648
TX
1,388
MN
1,725
MT
566
MS
526
AR
362
WA
267
OR
32
MO
280
CA
218
na
AZ
590
FL
500
NY
173
CA
329
CA
577
KY
422
FL
178
MI
125
NJ
109
WA
115
CO
9
VA
96
MI
95
LA
243
TX
9
SC
115
NC
16
CA
77
VA
102
TX
113
na = not available.
1/ The 25 leading commodities ranked by value of farm marketings
Economic Research Service/USDA
Information Contacts: Larry Traub E-mail: ltraub@ers.usda.gov
Roger Strickland E-mail: rogers@ers.usda.gov
August 31, 2005
Top 10 states by their value of cash receipts
4
5
6
7
State and million dollars
NE
11,780
IA
7,284
TX
5,391
CO
3,343
PA
1,769
MN
1,828
NC
2,042
IN
1,632
OR
951
IL
1,028
OK
528
GA
487
PA
340
ID
265
NY
30
AR
227
WI
161
na
MN
9,795
KS
6,420
FL
5,360
OK
2,362
ID
1,358
IN
1,786
MS
1,930
NE
1,281
NC
933
NE
762
WA
522
AR
465
OH
334
OR
262
PA
22
SC
185
ND
127
na
IL
9,708
NC
5,351
MN
4,861
IA
2,125
MN
1,336
OH
1,024
TX
1,425
OH
1,220
MI
609
IN
738
SD
427
NC
304
TX
306
CO
164
MI
19
VA
183
CO
102
na
KS
9,503
WI
5,082
NE
4,442
SD
1,639
MI
1,020
SD
950
CA
714
MO
1,184
OH
589
MO
623
MN
341
TN
225
IN
292
PA
153
TX
8
IN
172
MN
101
na
8
9
NC
8,210
MN
4,934
WA
4,132
CA
1,634
NM
1,000
KS
832
KY
691
SD
821
PA
425
OK
615
ID
332
MO
198
CA
288
OK
148
VA
4
CA
170
OR
99
na
10
WI
6,864
AR
4,173
IN
3,978
MO
1,132
TX
976
MO
788
DE
686
AR
766
WA
389
OH
403
TX
326
LA
197
AL
288
MO
135
GA
4
IA
136
FL
97
na
FL
6,844
CO
4,156
OH
3,387
MT
1,104
WA
857
WI
669
MD
628
ND
537
NY
378
KS
379
NE
218
AZ
194
NC
240
NM
128
NC
3
PA
112
ME
92
na
na
na
na
na
na
na
na
OH
63
CA
62
MS
130
AZ
3
VA
113
OR
16
MT
56
na
IN
45
PA
43
TX
124
na
GA
44
VA
29
MO
92
na
TN
42
OH
25
na
MI
35
OR
24
na
NJ
28
WI
19
na
SC
28
NC
18
na
na
na
na
na
GA
86
PA
11
NE
36
na
TN
76
NY
10
WY
31
na
FL
17
WA
7
CO
25
na
IN
15
WI
5
OR
11
na
OH
15
OH
5
WA
6
na
PA
9
MI
4
OH
2
na
OR
108
GA
89
ID
59
NY
58
CO
57
NM
45
NV
35
State Ranking by Net Farm Income
2002, 2003, 2004
State
2002 State
2003 State
2004
1. Texas
5.2 1. California
8.5 1. California
12.3
2. California
3.7 2. Texas
5.9 2. Texas
6.7
3. Florida
2.7 3. Nebraska
3.2 3. Iowa
5.7
4. Iowa
1.8 4. Georgia
3.0 4. Illinois
4.0
5. Georgia
1.7 5. Oklahoma
2.0 5. Nebraska
3.5
Ranking of states for total net farm income, value of production per acre, and net farm income per acre and per operation for 2004
Net Farm Income
Rank
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
State
California
Texas
Iowa
Illinois
Nebraska
Arkansas
North Carolina
Georgia
Minnesota
Missouri
Florida
Indiana
Alabama
South Dakota
Washington
Wisconsin
Mississippi
Idaho
Kansas
Oklahoma
Ohio
Arizona
Colorado
Oregon
Pennsylvania
Kentucky
Michigan
North Dakota
New Mexico
Louisiana
South Carolina
Montana
New York
Virginia
Maryland
Tennessee
Utah
Delaware
Wyoming
New Jersey
Nevada
Hawaii
Vermont
Maine
Connecticut
Massachusetts
West Virginia
New Hampshire
Rhode Island
Alaska
United States
$1,000
12,249,636
6,722,369
5,683,117
4,022,264
3,459,064
3,242,643
2,989,725
2,844,610
2,645,305
2,491,980
2,373,158
2,360,081
2,034,116
2,012,435
2,012,080
1,979,478
1,801,653
1,536,468
1,466,321
1,451,903
1,417,299
1,399,446
1,298,832
1,293,222
1,272,526
1,083,229
1,056,863
971,069
862,414
822,428
772,536
721,730
638,475
627,643
587,940
457,656
381,757
349,790
223,381
157,786
127,664
121,943
117,823
111,362
102,286
75,715
37,540
36,670
18,424
15,790
82,539,640
Value of production 1/
Dollars per
State
operation 2/
Net farm income per operation
Dollars per
State
operation 2/
Value of production per acre 1/
Dollars
State
per acre
Net farm income per acre
Dollars
State
per acre
Delaware
California
Arizona
Nebraska
Colorado
Idaho
Washington
North Carolina
Iowa
South Dakota
Maryland
Florida
Nevada
Kansas
Illinois
Arkansas
New Mexico
Connecticut
Georgia
North Dakota
Minnesota
Wyoming
Indiana
Mississippi
Hawaii
New York
Oregon
Alabama
Wisconsin
New Jersey
Vermont
Alaska
Utah
Pennsylvania
Michigan
Louisiana
Montana
Rhode Island
South Carolina
Maine
Massachusetts
Ohio
448,014
445,382
340,817
276,973
201,062
194,849
193,821
191,880
191,490
183,956
170,147
168,337
168,324
167,438
159,378
157,017
155,084
146,153
142,857
142,543
139,640
132,101
123,432
114,486
113,023
112,888
110,295
109,653
103,924
103,723
100,742
100,054
95,623
95,585
95,252
94,632
93,155
93,078
91,138
88,789
88,149
87,976
California
Arizona
Delaware
Nebraska
Georgia
Idaho
North Dakota
South Dakota
Florida
New Mexico
Arkansas
Colorado
Nevada
Alabama
Wyoming
North Carolina
South Carolina
Maryland
Mississippi
Louisiana
107,959
104,635
67,686
66,554
60,265
48,708
43,410
41,801
41,614
40,894
40,301
37,313
37,093
35,654
31,679
30,444
27,894
27,009
26,832
26,138
Texas
25,935
Delaware
Connecticut
Rhode Island
California
New Jersey
North Carolina
Massachusetts
Maryland
Pennsylvania
Florida
Georgia
Alabama
Iowa
New York
Arkansas
Vermont
Wisconsin
Michigan
Indiana
Hawaii
New Hampshire
Maine
Ohio
South Carolina
Washington
Mississippi
Illinois
Idaho
Minnesota
Virginia
Kentucky
Louisiana
Nebraska
Tennessee
Oregon
Missouri
Kansas
Colorado
Oklahoma
West Virginia
Delaware
California
North Carolina
Rhode Island
Maryland
Connecticut
Georgia
Florida
Alabama
Arkansas
New Jersey
Iowa
Pennsylvania
Mississippi
South Carolina
Indiana
Illinois
Massachusetts
Washington
Idaho
Wisconsin
Louisiana
Michigan
Ohio
Minnesota
Vermont
Hawaii
New York
Missouri
New Hampshire
Maine
Kentucky
Nebraska
Oregon
Virginia
Arizona
660
459
332
307
287
284
266
235
234
225
192
179
165
163
159
157
146
146
132
130
128
105
105
97
96
94
94
84
83
81
81
78
75
75
73
53
Texas
87,757
Oklahoma
Virginia
Missouri
New Hampshire
Kentucky
Tennessee
West Virginia
United States
71,767
70,262
69,492
62,721
60,696
38,149
27,835
132,017
Oklahoma
Utah
Illinois
Iowa
Indiana
Hawaii
Connecticut
Kansas
Wisconsin
Montana
Minnesota
Washington
Pennsylvania
Ohio
Alaska
New York
Vermont
Missouri
New Jersey
Oregon
Maine
Rhode Island
Virginia
Kentucky
Michigan
Massachusetts
Tennessee
New Hampshire
West Virginia
24,391
24,044
22,699
22,474
22,315
22,170
22,118
21,502
21,255
20,571
19,605
19,166
19,017
18,948
16,491
16,141
15,733
14,519
12,861
12,330
11,724
11,516
11,129
9,928
8,340
6,577
5,519
4,855
713
United States
27,848
1/ Value of agricultural sector production in the value-added accounting model (table).
2/ Synonymous with farming operation or farm
Economic Research Service/USDA
Information Contacts: Roger Strickland, E-Mail: rogers@ers.usda.gov and Larry Traub, E-Mail: ltraub@ers.usda.gov
August 17, 2005
1,944
1,705
1,319
1,284
1,252
1,109
1,034
1,004
722
717
654
555
542
535
518
516
513
502
488
478
474
467
466
459
446
437
423
413
404
388
374
328
291
280
257
245
229
201
178
161
Texas
52
46
43
42
39
33
31
25
20
19
18
12
10
6
88
South Dakota
Arizona
Utah
North Dakota
Nevada
Alaska
New Mexico
Montana
Wyoming
133
132
126
110
80
69
61
43
35
South Dakota
Oklahoma
Colorado
Tennessee
Utah
Kansas
North Dakota
Nevada
New Mexico
Alaska
Montana
West Virginia
Wyoming
United States
298
United States
Texas
155
Texas
Gross and Net Farm Income
1968-2004
Date
Cash
Receipts
Gross
1/
Net Farm
Income
- - - - Billion $ - - - 2.60
1968
3.30
0.68
3.00
1969
3.80
0.70
3.20
1970
4.10
0.95
3.50
1971
4.30
0.81
4.10
1972
5.20
1.13
6.50
1973
7.50
2.28
5.70
1974
6.10
1.04
5.90
1975
6.40
1.21
6.30
1976
7.00
1.10
6.70
1977
7.30
1.09
7.62
1978
8.70
1.24
10.08
1979
11.10
2.01
9.07
1980
9.79
0.79
9.61
1981
11.55
1.90
9.40
1982
11.41
1.39
9.18
1983
11.32
1.52
9.65
1984
11.69
1.41
9.26
1985
11.38
1.49
8.59
1986
10.45
1.11
9.13
1987
12.30
2.11
10.44
1988
12.84
2.03
10.92
1989
12.84
2.14
11.76
1990
14.46
3.40
12.11
1991
14.39
3.10
11.47
1992
14.46
3.81
12.73
1993
15.76
4.54
12.89
1994
15.45
4.19
13.07
1995
15.71
3.11
12.73
1996
15.06
2.94
13.21
1997
16.52
3.70
13.15
1998
15.50
3.42
13.03
1999
17.45
5.00
12.97
2000
16.11
3.93
13.50
2001
17.05
4.48
12.56
2002
16.03
5.23
15.27
2003
19.38
6.20
16.50
20042/
21.10
6.62
1/
Gross includes government payments and non-farm income; does not
include agriculturally-related income. 2/Estimated
NOTE: Net income represents returns to owned equity and land, family
labor, management and risk.
SOURCES: U.S. Department of Agriculture, “Economic Indicators”,
monthly issues. “Farm Business Economics Report, 2004"; Texas
Agricultural Statistics, 2004; and “Ag Income and Finance”,
ERS/USDA, 11/2005; “Texas Ag Facts”, TASS/USDA/NASS.
11
Texas Gross and Net Farm Income, 1975 - 2004
25
Billion $
20
15
10
0
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
00
01
02
03
04
5
Gross *
Cash Receipts
* Gross includes government payments and non-farm income, does not include ag-related income.
Note: Net income represents returns to owned equity and land, family labor, management and risk.
Source: USDA and TASS, 2003 estimated.
Net
Texas Farm Asset and Debt
1970-2003
Year
Total Debt
Total Assets
----Billion $---1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003 1/
1/
3.8
4.2
4.7
5.3
5.8
6.3
6.8
7.5
8.7
9.7
10.6
11.4
11.7
11.9
13.9
13.0
11.9
11.4
10.7
9.7
9.1
9.2
8.9
9.3
9.5
9.7
10.0
10.6
10.9
11.2
12.0
12.5
13.0
13.3
26.4
29.1
33.4
40.5
39.1
43.6
47.7
52.9
61.4
69.4
73.4
82.0
83.1
90.8
107.5
97.3
90.8
94.8
91.1
76.0
76.8
75.1
78.6
80.6
80.4
80.4
81.9
88.4
89.4
92.3
98.5
103.5
107.5
112.5
Estimated.
Source: U.S. Department of Agriculture, Texas Farm Business
Balance Sheet, “Farm Business Economics Report, 2004.” As of
2004 ERS has concluded that insufficient data are available to continue
to make reliable estimates. Discontinued.
Texas Farm Assets and Debt, 1975 - 2003
120
Billion $
100
80
60
40
0
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
00
01
02
03
20
Total Assets
Source: USDA and TASS, 2003 estimated.
Total Debt
Balance Sheet of the Texas Farming Sector
Calendar
Year
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003 1/
Debt
Equity
Assets
- - - - - Billion $ - - - - 10.6
62.9
73.5
11.4
70.5
82.0
11.7
71.4
83.1
12.0
78.8
90.9
12.8
88.0
100.7
12.5
74.2
86.6
11.3
68.5
79.8
10.8
69.8
80.6
10.1
67.4
77.5
9.7
67.6
77.3
9.1
67.7
76.8
9.2
65.8
75.1
8.9
69.7
78.6
9.3
71.3
80.6
9.5
71.0
80.4
9.7
70.7
80.4
10.0
71.9
81.9
10.6
77.8
88.4
10.9
78.5
89.4
11.2
81.1
92.3
12.0
86.6
98.6
12.5
91.0
103.5
13.0
94.5
107.5
13.3
99.2
112.5
Source: ERS/USDA, Farm Business Economics Business Room.,
November 18, 2004. ERS has concluded that insufficient data are available to
continue to make reliable estimates. Discontinued.
1/
Estimated
Balance Sheet of the Texas Farming Sector
120
Assets $112.5
B illio n $
100
80
60
$13.3
Debt
$99.2
Equity
40
20
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
00
01
02
03
0
Source: USDA/ERS/TASS