Prices Received and Paid by Texas Farmers
Index (1990-92=100, not seasonally adjusted)
Year
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006 2/
Texas Prices
Received
All Farm Products
U.S.
Prices Paid1/
U.S.
Prices
Received
104
101
96
99
98
98
103
99
94
89
91
93
86
100
111
110
115
99
100
101
103
106
110
115
118
115
115
120
123
124
128
134
141
147
104
100
98
101
100
102
112
107
102
96
96
102
98
107
119
116
117
1/
Prices paid by farmers is nationwide as no separate series exists for prices paid in
Texas.
2/
2006 Texas prices received for All Farm Products and 2006 U.S. prices paid and
received for entire year, but number is preliminary.
Source: "Texas Agricultural Facts", Texas Agricultural Statistics Service, USDA.
USDA/ERS Monthly “Economic Indicators.”
Prices Received and Paid by Texas and U.S. Farmers
Index (1990-92 = 100)
150
U.S. Prices Paid*
140
130
120
110
100
90
80
All Items
Texas Prices Received
All Farm Products
90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06
Year
* Prices paid by farmers in the U.S. as no separate series exists for prices paid in Texas.
Source: “Texas Agricultural Facts”, Texas Agricultural Statistical Service, USDA.
Percentage of Total Cash Receipts for Texas Commodity
Groups and Government Payments, 2005
Ve ge table s
2.78%
Oil Crops
1.26%
Othe r Crops
8.33%
Gove rn't Payme nts
11.35%
Cotton
9.97%
M is c. Live stock*
1.13%
Fe e d Crops
5.27%
Food Grains
2.07%
Poultry & Eggs
9.37%
M e at Animals
41.97%
Dairy Products
5.32%
Fruits & Nuts
1.18%
Total = $18.5 billion
*Wool, mohair, honey, catfish, equine and other livestock income included. Source: TASS, USDA
Texas Agricultural Cash Receipts, by Commodities and Commodity Groups, 2001 - 2005
Commodity
2001
2002
2003
2004
2005
- - - - - - - Thousand Dollars - - - - - - -
Percentage
of all
Commodities
2005 1/
- - Percent - -
ALL COMMODITIES
$13,508,535
$12,567,541
$15,349,424
$16,545,022
$16,355,268
100.00
Livestock and products
Crops, fruits and others
9,345,177
4,163,358
8,088,537
4,479,004
10,313,219
5,036,205
11,204,549
5,340,473
10,661,653
5,693,615
65.19
34.81
LIVESTOCK AND PRODUCTS:
Cattle and calves
Broilers
Milk, wholesale and retail
Eggs
Hogs
Sheep and lambs
Wool
Mohair
Other livestock 2/
6,812,228
1,058,616
803,588
267,077
103,510
40,175
3,122
3,775
253,086
5,862,734
893,327
680,604
273,312
65,974
44,766
4,046
3,110
260,664
7,872,092
1,031,590
729,430
310,007
66,646
50,428
5,040
2,856
245,130
8,092,721
1,424,520
975,718
306,322
88,556
57,893
5,712
3,402
249,705
7,580,168
1,436,644
981,801
236,843
102,928
60,133
5,328
4,410
253,398
46.35
8.78
6.00
1.45
0.63
0.37
0.03
0.03
1.55
577,627
308,158
270,756
140,668
270,608
295,209
202,473
106,386
78,691
52,358
32,400
30,500
56,702
66,011
69,720
8,431
26,934
28,178
16,965
6,480
9,259
2,725
11,796
5,274
11,083
5,958
7,020
13,608
582
108,795
770,596
281,825
225,665
164,704
289,336
425,397
157,976
122,871
55,363
56,031
56,610
31,361
52,480
39,917
80,798
7,833
12,305
35,050
11,000
7,680
5,530
7,990
12,988
6,315
7,520
7,403
4,968
16,357
486
107,229
1,114,357
407,784
246,390
179,728
294,197
294,198
157,950
158,712
69,503
66,746
67,760
32,591
51,381
53,869
63,444
7,182
14,295
24,231
13,703
7,605
10,317
5,255
10,246
8,510
5,670
8,183
5,377
19,437
318
211,139
1,158,710
597,651
329,907
243,018
336,592
306,751
154,310
112,543
128,074
53,417
60,500
44,132
45,400
60,208
26,760
9,197
19,119
25,809
12,788
7,540
7,080
4,850
12,423
6,447
3,984
7,254
2,736
8,822
312
212,716
1,584,242
501,786
283,880
255,195
240,495
225,079
162,890
149,327
97,255
89,794
74,214
46,007
45,400
41,499
34,206
22,677
20,865
11,068
10,199
8,625
5,320
4,437
4,278
3,931
3,539
3,166
2,642
2,187
631
217,683
9.69
3.07
1.74
1.56
1.47
1.38
1.00
0.91
0.59
0.55
0.45
0.28
0.28
0.25
0.21
0.14
0.13
0.07
0.06
0.05
0.03
0.03
0.03
0.02
0.02
0.02
0.02
0.01
0.00
1.33
50,000
21,258
14,820
7,867
8,370
4,176
33,400
20,567
6,840
6,525
4,004
4,814
63,840
17,396
4,891
5,224
5,220
4,931
66,760
34,755
15,097
7,227
7,812
5,753
95,850
83,403
14,047
8,065
10,625
6,068
0.59
0.51
0.09
0.05
0.06
0.04
CROPS:
Cotton lint
Corn
Wheat
Cottonseed
Sorghum grain
Hay
Peanuts
Onions
Rice
Potatoes
Watermelons
Soybeans
Sugarcane for sugar
Cabbage
Cantaloupes
Sunflowers
Carrots
Cucumbers
Peppers, chili
Tomatoes, fresh
Squash
Oats
Spinach
Dry Beans
Peppers, green fresh
Sweetpotatoes
Corn, sweet
Honeydew melons
Barley
Other crop 3/
FRUITS AND NUTS:
Pecans
Grapefruit
Peaches
Oranges
Grapes
Other fruits and nuts
OTHER FARM INCOME:
Greenhouse and nursery
1,235,512
1,341,270
1,324,625
1,204,019
1,323,040
1/ Commodities are listed in order of importance for 2005 by crop items and by livestock items.
2/ For 2001 - 2005, includes milkfat, turkey eggs, equine, goats, goat milk, honey, catfish, farm chicks, and other poultry and livestock.
3/ For 2001 includes greens, okra miscellaneous vegetables, field crops. For 2002-2005 includes miscellaneous vegetables,
field crops.
4/ Less than 0.05 percent.
SOURCE: 2005 Texas Agricultural Statistics, USDA/Texas Agricultural Statistics Service, October 2006; various issues of Texas Ag
Statistics and Texas Agricultural Cash Receipts and Price Statistics, USDA/TASS.
8.09
Texas Agricultural Cash Receipts by
Commodities, 2001 - 2005
5.69
2005
5.34
2004
Billion $
10.66
11.20
5.04
2003
10.31
4.48
2002
8.09
4.16
2001
0.0
2.0
4.0
9.35
6.0
Livestock
2005 estimated by USDA/TASS/NASS
8.0
Crops
10.0
12.0
14.0
Texas: Leading Commodities for Cash Receipts, 2005
Rank Items
All commodities
Livestock and products
Crops
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
Cattle and calves
Cotton
Broilers
Greenhouse/nursery
Dairy products
Corn
Wheat
Sorghum grain
Chicken eggs
Hay
Peanuts
Onions
Hogs
Rice
Pecans
Potatoes
Grapefruit
Watermelons
Sheep and lambs
Soybeans
Cane for sugar
Cabbage
Cantaloups
Turkeys
Mushrooms
Government payments 4/
Net farm income 5/
Value of
Receipts
1,000 $
Percent
Percent
of Total
Cumulative
of U.S.
Receipts
Percent 1/
Value 2/
- - - - - - - Percent - - - - - - -
Value
of U.S.
Receipts
1,000 $
16,355,268
10,661,653
5,693,615
100.0
65.2
34.8
----
6.8
8.5
5.0
238,941,494
124,979,572
113,961,922
7,580,168
1,839,437
1,436,644
1,323,040
981,801
501,786
283,880
240,495
236,843
225,079
162,890
149,327
102,928
97,255
95,850
89,794
83,403
74,214
60,133
46,007
45,400
41,499
34,206
46.3
11.2
8.8
8.1
6.0
3.1
1.7
1.5
1.4
1.4
1.0
0.9
0.6
0.6
0.6
0.5
0.5
0.5
0.4
0.3
0.3
0.3
0.2
46.3
57.6
66.4
74.5
80.5
83.5
85.3
86.7
88.2
89.6
90.6
91.5
92.1
92.7
93.3
93.8
94.3
94.8
95.2
95.4
95.7
96.0
96.2
15.4
31.7
6.9
8.2
3.7
2.6
4.2
33.7
5.9
4.7
19.3
14.4
0.7
6.2
23.6
3.8
11.2
18.1
10.7
0.3
5.5
12.7
11.4
49,208,683
5,796,238
20,901,934
16,201,830
26,737,882
19,124,879
6,810,136
713,994
4,000,142
4,742,389
845,873
1,036,542
15,037,083
1,574,233
406,830
2,377,471
747,613
410,281
562,269
16,792,696
821,118
326,582
300,828
3/
3/
---
---
---
---
2,094,122
6,295,953
---
---
8.6
8.5
24,349,466
73,833,886
-- = Not applicable.
1/ The cumulative percentage is the sum of the percent of total receipts for each
commodity and all preceding commodities.
2/ Percent State receipts are of U.S. receipts for same line item.
3/ Commodities at the bottom of the above ranked list of commodities and having no accompanying data would have
appeared within the ranked list of leading commodities, but were excluded to avoid disclosure of confidental
information about individual producers.
4/ Government payments made directly to farmers in cash or Payment-in-Kind.
5/ Net farm income, a value of production measure, is the farm operator's share of the sector's neet value added
to the National economy from production activities within a calendar year.
Economic Research Service/USDA
Information Contacts: Larry Traub
E-Mail: ltraub@ers.usda.gov
Roger Strickland
E-Mail: rogers@ers.usda.gov
August 1, 2006
Billion $
Texas: Leading Commodities for Cash
Receipts, 2005
Cattle and Calves
Cotton
Broilers
Greenhouse/Nursery
Dairy Products
Corn
Wheat
Sorghum Grain
Chicken Eggs
Hay
Peanuts
Onions
Hogs
7.58
1.84
1.44
1.32
0.98
0.50
0.28
0.24
0.24
0.23
0.16
0.15
0.10
0.0
2.0
Livestock and Products ($10,661,653)
Crops ($5,693,615)
4.0
6.0
Value of Receipts
2005 estimated by USDA/TASS/NASS
8.0
10.0
U.S. farm Sector Cash Receipts from Sales of Agricultural Commodities, 2003-2007F
2003
Crop receipts:
Food grains
Wheat
Rice
Change
2/14/2007
2005 to
2004
2005
2006P
2007F
2006
- - - - - - - - - - - - - - - Billion $ - - - - - - - - - - - - - - -
Change
2006 to
2007
8.0
6.7
1.2
8.9
7.1
1.8
8.4
6.8
1.6
8.7
6.9
1.8
10.5
8.4
2.0
0.3
0.1
0.2
1.8
1.5
0.3
Feed crops
Corn
Barley, oats, and sorghum
Hay
24.7
18.9
1.6
4.2
27.4
21.2
1.5
4.7
25.3
19.1
1.3
4.7
29.1
22.9
1.3
5.0
37.9
30.5
1.5
5.8
3.9
3.8
-0.1
0.2
8.7
7.6
0.2
0.9
Oil crops
Soybeans
Peanuts
18.0
16.6
0.8
17.9
16.4
0.8
18.3
16.8
0.8
18.8
17.4
0.8
20.0
18.6
0.7
0.5
0.6
-0.1
1.1
1.2
-0.1
Cotton (lint and seed)
Tobacco
Fruits and nuts
Vegetables
All other crops
Greenhouse and nursery
6.4
1.6
13.5
16.9
20.7
15.4
4.8
1.6
15.8
16.8
21.0
15.9
5.8
1.1
16.8
16.9
21.3
16.2
5.5
1.2
17.7
18.6
21.8
16.6
5.7
1.3
18.2
17.7
22.2
17.0
-0.3
0.1
0.9
1.7
0.5
0.4
0.2
0.1
0.4
-0.9
0.4
0.4
109.9
114.3
114.0
121.6
133.5
7.6
11.9
Livestock receipts:
Meat animals
Cattle and calves
Hogs
Sheep and lambs
56.2
45.1
10.6
0.5
62.4
47.5
14.3
0.5
64.8
49.2
15.0
0.6
65.3
50.5
14.4
0.5
65.0
51.4
13.1
0.5
0.5
1.3
-0.7
-0.1
-0.3
0.9
-1.2
0.0
Poultry and eggs
Broilers
Turkeys
Eggs
24.0
15.2
2.6
5.3
29.5
20.4
3.0
5.2
28.9
20.9
3.2
4.0
27.7
19.0
3.5
4.4
29.6
20.1
3.5
5.1
-1.2
-1.9
0.4
0.4
1.8
1.1
-0.1
0.7
All dairy
21.2
27.4
26.7
23.4
25.8
-3.3
2.4
4.2
4.3
4.5
4.7
4.8
0.2
0.1
TOTAL LIVESTOCK
105.6
123.6
125.0
121.2
125.2
-3.8
4.0
TOTAL RECEIPTS
215.5
237.9
238.9
242.7
258.7
3.8
16.0
TOTAL CROPS
Miscellaneous livestock
F = forecast. P = preliminary. na = not applicable. ( ) = negative number. Numbers may not add due to rounding.
The current forecast and historic information can always be found at http://www.ers.usda.gov/data/farmincome/finfidmu.htm
Information contacts: Larry Traub, e-mail: Ltraub@ers.usda.gov and Roger Strickland, e-mail: rogers@ers.usda.gov
Economic Research Service
U.S. Department of Agriculture
U.S. Farm Sector Cash Receipts from Sales
of Agricultural Commodities, 2003 – 2007
140
Crops ($133.5)
Billion $
130
120
Livestock ($125.2)
110
100
2003
2006 preliminary and 2007 forecast
2004
2005
2006
2007
Balance Sheet of the U.S. 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
2004
2005
2006P
2007F
Debt
Equity
Assets
- - - - - Billion $ - - - - 166.8
817.4
984.2
182.3
800.1
982.4
188.8
756.3
945.1
191.0
752.2
943.2
193.7
663.3
857.0
177.6
595.1
772.7
157.0
567.5
724.5
144.4
613.1
757.5
139.4
646.9
786.3
137.9
674.5
812.4
131.1
709.5
840.6
131.9
712.3
844.2
131.6
736.2
867.8
134.3
774.9
909.2
138.9
795.8
934.7
143.0
822.8
965.7
148.6
854.3
1,002.9
156.9
894.4
1,051.3
164.6
918.7
1,083.4
167.7
971.1
1,138.8
177.6
1,025.6
1,203.2
185.7
1,070.2
1,255.9
193.3
1,110.7
1,304.0
196.1
1,182.7
1,378.8
204.7
1,380.1
1,584.8
215.6
1,589.6
1,805.3
226.2
1,693.2
1,919.4
235.3
1,759.0
1,994.3
Source: 2006 preliminary and 2007 forecast, ERS/USDA, Farm Business
Economics Business Room., March 2007; “Agricultural Outlook”, USDA.
2200
2000
1800
1600
1400
1200
1000
800
600
400
200
0
Assets $1,994.3
Debt $235.3
Equity $1,759.0
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
0
06 5
0 7P
F
B illio n $
Balance Sheet of the U.S. Farming Sector
2006 preliminary and 2007 forecast