State Ranking by Cash Receipts
2003, 2004, 2005
State
1. California
2003 State
28.4 1. California
2004 State
31.7 1. California
2005
31.7
2. Texas
15.3 2. Texas
16.5 2. Texas
16.4*
3. Iowa
12.8 3. Iowa
14.0 3. Iowa
14.6
4. Nebraska
10.9 4. Nebraska
11.2 4. Nebraska
11.5
9.6 5. Kansas
10.0
5. Kansas
9.1 5. Minnesota
*Government payments and ag-related activities not included.
Ranking of 10 Leading States in Cash Receipts for Top 25 Commodities, 2005
Commodity 1/
Rank
Value
$ Million
All commodities
238,941
Livestock and products
124,980
Crops
113,962
Cattle and calves
1
49,209
Dairy products
2
26,738
Broilers
3
20,902
Corn
4
19,125
Soybeans
5
16,793
Greenhouse/nursery
6
16,202
Hogs
7
15,037
Wheat
8
6,810
Cotton
9
5,796
Hay
10
4,742
Chicken eggs
11
4,000
Grapes
12
3,461
Turkeys
13
3,158
Potatoes
14
2,377
Almonds
15
2,337
Tomatoes
16
2,277
Lettuce
17
1,986
Oranges
18
1,605
Apples
19
1,591
Rice
20
1,574
Strawberries
21
1,383
Horses/mules
22
1,228
Sugar beets
23
1,107
Tobacco
24
1,096
Onions
25
1,037
1
CA
31,707
TX
10,662
CA
23,253
TX
7,580
CA
5,223
GA
2,897
IA
3,636
IA
2,741
CA
3,448
IA
4,300
KS
1,136
TX
1,839
CA
703
AR
353
CA
3,167
MN
541
ID
523
CA
2,337
CA
942
CA
1,470
FL
1,015
WA
942
AR
713
CA
1,110
KY
1,010
MN
371
NC
408
CA
275
2
3
Top 10 States by Their Value of Cash Receipts
4
5
6
7
8
State and Million Dollars
9
10
TX
16,355
CA
8,454
IL
6,859
NE
6,458
WI
3,528
AR
2,652
IL
3,564
IL
2,646
FL
1,879
NC
2,099
ND
1,020
CA
836
ID
332
GA
341
WA
142
NC
492
WA
431
na
IA
14,621
IA
7,947
IA
6,674
KS
6,089
NY
1,914
AL
2,410
NE
2,086
IN
1,496
TX
1,323
MN
1,820
MT
636
MS
510
OR
268
IA
335
OR
42
MO
290
CA
198
na
NE
11,470
NE
7,545
FL
6,306
CO
3,138
PA
1,774
NC
2,232
MN
1,635
MN
1,428
OR
980
IL
978
WA
484
AR
508
WA
262
AL
282
NY
34
AR
260
WI
162
na
KS
9,975
KS
6,868
TX
5,694
OK
2,697
ID
1,418
MS
2,055
IN
1,511
NE
1,213
NC
975
IN
771
SD
446
GA
457
TX
225
NC
249
MI
22
VA
242
ND
133
na
MN
9,301
NC
5,602
MN
4,338
IA
2,425
MN
1,247
TX
1,437
OH
794
OH
1,124
MI
648
NE
768
OK
413
NC
325
CO
216
TX
237
PA
20
IN
193
FL
114
na
IL
8,847
WI
5,014
WA
3,987
SD
1,845
MI
1,029
DE
844
SD
757
MO
1,111
OH
584
OK
637
ID
336
TN
233
KS
165
OH
228
TX
11
CA
175
CO
106
na
NC
8,264
MN
4,963
NE
3,925
CA
1,740
TX
982
CA
714
KS
754
SD
736
PA
415
MO
616
TX
284
LA
232
SD
159
PA
214
VA
8
IA
140
OR
93
na
FL
7,760
AR
4,215
IN
3,537
MO
1,195
NM
981
KY
704
MO
676
AR
647
NY
382
OH
403
MN
268
MO
197
IA
154
IN
192
GA
5
SC
133
MN
93
na
WI
6,759
OK
4,215
OH
3,138
MT
1,105
WA
832
VA
570
WI
590
KS
564
GA
379
KS
400
NE
206
AZ
187
AZ
152
CA
182
NC
4
WI
120
ME
91
na
FL
805
AZ
501
CA
581
NY
185
CA
364
FL
197
NJ
115
ID
204
KY
343
TX
149
OH
89
CO
8
TX
8
MI
90
LA
207
NC
19
VA
103
ND
191
TN
109
WA
133
VA
88
NJ
7
AZ
1
CA
52
MS
107
OR
14
na
GA
75
na
TN
42
na
IN
37
na
MI
33
na
NJ
28
na
PA
26
na
na
na
na
na
na
na
PA
51
TX
97
PA
13
na
VA
37
MO
86
NY
8
na
OH
26
na
OR
23
na
WI
19
na
NC
14
na
WA
7
na
OH
6
na
WI
5
na
MI
5
na
MI
91
VA
70
OR
124
CA
76
SC
62
GA
65
MT
46
GA
40
ID
64
NE
42
CT
12
CO
56
WY
34
OH
11
NM
54
CO
30
PA
11
NY
49
OR
15
FL
8
NV
32
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, 2006
State Ranking by Net Farm Income
2003, 2004, 2005
State
2003 State
2004 State
11.2 1. California
2005
1. California
8.1 1. California
9.1
2. Texas
6.2 2. Texas
7.0 2. Texas
6.3
3. Nebraska
2.8 3. Iowa
5.6 3. N. Carolina
3.6
4. Georgia
2.5 4. Nebraska
3.6 4. Iowa
3.4
5. Florida
2.1 5. N. Carolina
3.0 5. Florida
3.2
Ranking of States for Total Net Farm Income, Value of Production Per Acre, and Net Farm Income Per Acre and Per Operation for 2005
R
a
n
k
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
Net Farm Income
State
$1,000
California
Texas
North Carolina
Iowa
Florida
Minnesota
Nebraska
Georgia
Kansas
Kentucky
South Dakota
Alabama
Arkansas
Mississippi
Wisconsin
Pennsylvania
Missouri
Ohio
Oklahoma
Indiana
Michigan
North Dakota
Colorado
Idaho
Arizona
New York
Illinois
Oregon
Washington
Virginia
Tennessee
New Mexico
Maryland
South Carolina
Montana
Louisiana
Delaware
Utah
Wyoming
New Jersey
Vermont
Connecticut
Maine
Massachusetts
Nevada
Hawaii
New Hampshire
West Virginia
Rhode Island
Alaska
United States
9,118,219
6,295,953
3,616,434
3,446,081
3,217,376
3,058,691
2,699,540
2,536,329
2,525,807
2,082,389
1,926,441
1,923,818
1,902,834
1,837,398
1,741,579
1,729,989
1,547,565
1,452,142
1,439,161
1,390,139
1,337,332
1,280,048
1,216,043
1,125,387
1,123,157
1,111,018
1,064,580
1,052,917
1,048,347
1,004,936
894,190
759,588
744,737
731,905
702,817
662,830
490,206
328,644
299,836
277,579
213,358
188,551
179,332
130,597
122,491
103,292
58,493
55,000
31,268
7,529
73,833,892
Net Farm Income Per Operation
State
$/Operation
Delaware
California
Arizona
Florida
North Carolina
Maryland
South Dakota
Nebraska
Georgia
Idaho
Connecticut
Alabama
Mississippi
New Mexico
North Dakota
Nevada
Arkansas
Colorado
Kansas
Iowa
Minnesota
Rhode Island
Vermont
Wyoming
New York
Washington
South Carolina
Pennsylvania
New Jersey
213,133
119,192
111,204
75,703
72,329
61,549
61,352
56,240
51,762
45,015
44,893
44,226
43,540
43,405
42,246
40,830
40,486
39,870
39,160
38,720
38,426
36,786
33,866
32,591
31,208
30,387
30,120
29,725
28,324
Texas
27,374
Oregon
Maine
Michigan
Montana
Kentucky
Louisiana
Indiana
Wisconsin
Utah
Massachusetts
Virginia
Ohio
Hawaii
Oklahoma
New Hampshire
Missouri
Illinois
Alaska
Tennessee
West Virginia
26,323
25,258
25,233
25,101
24,790
24,732
23,562
22,766
21,621
21,409
21,382
18,982
18,780
17,339
17,204
14,739
14,684
11,764
10,645
2,644
United States
35,142
Value of Production 1/
State
$/Operation
Delaware
California
Arizona
Nebraska
Colorado
Idaho
North Carolina
Florida
Washington
Nevada
Iowa
South Dakota
Kansas
Maryland
New Mexico
North Dakota
Connecticut
Arkansas
Georgia
Wyoming
Minnesota
Illinois
Oregon
Hawaii
New York
Alabama
Mississippi
Indiana
Wisconsin
New Jersey
Vermont
Montana
Utah
Michigan
Rhode Island
Pennsylvania
Louisiana
Alaska
Massachusetts
South Carolina
Maine
537,472
441,680
350,169
270,168
208,080
200,343
199,680
193,288
191,027
186,818
180,941
178,775
176,411
173,673
163,716
151,869
147,143
146,613
146,348
139,439
138,386
124,331
118,127
115,645
113,660
112,750
112,114
107,948
107,947
103,972
103,254
103,116
102,169
97,429
97,060
94,971
91,575
91,362
90,302
87,089
86,952
Texas
86,601
Ohio
Virginia
Oklahoma
Missouri
New Hampshire
Kentucky
Tennessee
West Virginia
United States
Net Farm Income Per Acre
State
$/Acre
Delaware
Connecticut
Rhode Island
North Carolina
Maryland
New Jersey
California
Florida
Massachusetts
Georgia
Pennsylvania
Alabama
Vermont
Mississippi
South Carolina
Kentucky
New York
Michigan
Arkansas
Maine
New Hampshire
Virginia
Wisconsin
Minnesota
Iowa
Ohio
Idaho
Indiana
Louisiana
Hawaii
Tennessee
Washington
Oregon
Nebraska
Kansas
Missouri
943
524
521
406
365
351
345
322
251
242
225
224
171
166
151
151
147
132
132
131
130
118
113
111
109
102
95
93
85
79
77
69
62
59
54
51
Texas
49
85,050
76,043
74,163
62,588
62,502
62,286
40,632
29,875
South Dakota
Arizona
Oklahoma
Colorado
Illinois
North Dakota
Utah
Nevada
New Mexico
West Virginia
Montana
Wyoming
Alaska
44
43
43
40
39
32
28
19
17
15
12
9
8
131,103
United States
79
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 20, 2006
Value of Production Per Acre1/
State
$/Acre
Delaware
Connecticut
Rhode Island
New Jersey
California
North Carolina
Massachusetts
Maryland
Florida
Pennsylvania
Georgia
Alabama
Wisconsin
New York
Vermont
Michigan
Iowa
Hawaii
Arkansas
New Hampshire
Ohio
Maine
South Carolina
Washington
Mississippi
Indiana
Idaho
Virginia
Minnesota
Kentucky
Illinois
Louisiana
Tennessee
Nebraska
Oregon
Kansas
Missouri
Colorado
Oklahoma
West Virginia
Texas
2,377
1,717
1,375
1,290
1,280
1,122
1,059
1,030
821
718
683
570
536
536
520
511
510
489
479
472
455
451
437
436
428
425
424
420
401
379
330
315
294
284
276
241
218
207
183
173
153
Arizona
Utah
South Dakota
North Dakota
Nevada
Alaska
New Mexico
Montana
Wyoming
135
134
128
117
89
65
64
48
37
United States
295
Texas
Gross and Net Farm Income
1968-2005
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
13.51
2001
17.57
5.00
12.57
2002
16.04
5.20
15.35
2003
19.42
6.20
16.55
2004
21.00
7.03
16.36
20052/
21.41
6.30
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, 2005; and “Ag
Income and Finance”, ERS/USDA, 11/2006; “Texas Ag Facts”, TASS/USDA/NASS.
Texas Gross and Net Farm Income, 1975 - 2005
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
05
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, 2005 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; as of 2003 data discontinued
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, as of 2003 data discontinued