U.S. OVERVIEW An industrial scene, Ensley, Alabama, February 1937 U.S. LAND AREA (million acres) Total Land 2264.0 Farms and Ranches 922.1 Pastureland 408.8 Cropland 406.4 % Irrigated 13.9 2009 Number of Farms: 2,200,010 2007 Census of Agriculture United States: Leading Commodities for Cash Receipts, 2008 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 24 25 Value of Receipts $1,000 Percent Percent of Total Cumulative of U.S. Receipts Percent 1/ Value 2/ - - - - - - - Percent - - - - - - - Value of U.S. Receipts $1,000 324,186,533 141,090,378 183,096,155 100.0 43.5 56.5 ---- 100.0 100.0 100.0 324,186,533 141,090,378 183,096,155 Corn Cattle and calves Dairy products Soybeans Broilers Wheat Greenhouse/nursery Hogs Chicken eggs Hay Cotton Turkeys Potatoes Grapes Rice Apples Tomatoes Almonds Lettuce Oranges Strawberries Sorghum grain Tobacco Aquaculture Horses/mules 51,550,748 48,189,205 34,772,735 29,058,111 23,112,184 17,445,471 16,096,699 16,077,382 8,225,507 7,402,735 5,684,221 4,478,260 3,689,343 3,345,958 3,214,397 2,667,803 2,373,718 2,262,400 1,986,151 1,969,204 1,885,259 1,833,814 1,445,471 1,267,783 1,165,000 15.9 14.9 10.7 9.0 7.1 5.4 5.0 5.0 2.5 2.3 1.8 1.4 1.1 1.0 1.0 0.8 0.7 0.7 0.6 0.6 0.6 0.6 0.4 0.4 0.4 15.9 30.8 41.5 50.5 57.6 63.0 67.9 72.9 75.4 77.7 79.5 80.8 82.0 83.0 84.0 84.8 85.6 86.3 86.9 87.5 88.1 88.6 89.1 89.5 89.8 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 51,550,748 48,189,205 34,772,735 29,058,111 23,112,184 17,445,471 16,096,699 16,077,382 8,225,507 7,402,735 5,684,221 4,478,260 3,689,343 3,345,958 3,214,397 2,667,803 2,373,718 2,262,400 1,986,151 1,969,204 1,885,259 1,833,814 1,445,471 1,267,783 1,165,000 Government payments 4/ Net farm income 5/ 12,237,568 87,073,789 --- --- 100.0 100.0 12,237,568 87,073,789 -- = Not applicable Numbers may not add due to rounding. 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 confidential 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 net value added to the National economy from production activities within a calendar year. Economic Research Service/USDA Information Contacts: Ted Covey Email:tcovey@ers.usda.gov Roger StricklanEmail: rogers@ers.usda.gov Revised: October 21, 2009 Billion $ US: Leading Commodities for Cash Receipts, 2008 Corn Cattle and Calves Dairy Products Soybeans Broilers Wheat Greenhouse/Nursery Hogs Chicken Eggs Hay Cotton Turkeys Potatoes 0.0 51.55 48.19 34.77 29.06 23.11 17.45 16.10 16.08 8.23 7.40 5.68 4.48 3.69 10.0 Livestock and Products ($141,090,378) Crops ($183,096,155) 20.0 30.0 40.0 Value of Receipts 2008 estimated by USDA/TASS/NASS/ERS 50.0 60.0 U.S. Farm Sector Cash Receipts from Sales of Agricultural Commodities, 2006 - 2010F Commodities Crop receipts: Food grains Wheat Rice 2006 2007 2008 2009P - - - - - - - - - - - Billion $ - - - - - - - - - - - 02/11/10 2010F Change 2008 to 2009 Change 2009 to 2010 9.1 7.3 1.8 13.4 11.3 2.1 20.7 17.4 3.2 14.9 11.8 3.1 12.3 9.3 3.0 -5.7 -5.7 -0.1 -2.6 -2.5 -0.1 Feed crops Corn Barley, oats, and sorghum Hay 29.4 22.9 1.3 5.1 42.3 34.0 2.2 6.1 62.0 51.6 3.0 7.4 49.4 40.7 2.6 6.1 48.0 39.8 2.3 5.8 -12.6 -10.8 -0.4 -1.3 -1.4 -0.9 -0.2 -0.3 Oil crops Soybeans Peanuts 18.5 17.3 0.6 24.6 23.1 0.8 31.2 29.1 1.1 32.9 30.7 1.1 30.7 28.9 0.9 1.7 1.6 0.1 -2.2 -1.8 -0.2 Cotton (lint and seed) Fruits and nuts Vegetables All other crops Greenhouse and nursery 5.6 17.3 18.0 24.5 16.9 6.5 18.5 19.3 25.3 17.3 5.7 18.9 20.4 24.2 16.1 3.8 18.2 21.0 26.0 17.7 4.6 17.6 20.2 26.8 18.4 -1.9 -0.6 0.6 1.7 1.6 0.7 -0.7 -0.7 0.8 0.7 122.3 149.9 183.1 166.3 160.3 -16.8 -6.0 Livestock receipts: Meat animals Cattle and calves Hogs Sheep and lambs 63.7 49.1 14.1 0.5 65.1 49.8 14.8 0.5 64.7 48.2 16.1 0.4 57.3 42.5 14.3 0.4 60.7 45.3 15.0 0.4 -7.4 -5.7 -1.8 0.0 3.5 2.8 0.7 0.0 Poultry and eggs Broilers Turkeys Eggs 26.7 17.9 3.5 4.5 33.1 21.5 3.9 6.7 36.8 23.1 4.5 8.2 32.6 21.7 3.6 6.5 33.3 22.0 3.7 6.7 -4.1 -1.4 -0.9 -1.7 0.7 0.3 0.1 0.2 All dairy 23.4 35.5 34.8 24.1 31.5 -10.7 7.4 4.8 4.9 4.8 4.8 4.8 0.0 0.0 TOTAL LIVESTOCK 118.6 138.6 141.1 118.8 130.3 -22.3 11.5 TOTAL RECEIPTS 240.9 288.5 324.2 285.0 290.5 -39.2 5.5 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: Ted Covey, e-mail: TCovey@ers.usda.gov Economic Research Service U.S. Department of Agriculture Billion $ U.S. Farm Sector Cash Receipts from Sales of Agricultural Commodities, 2006 – 2010 190 180 170 160 150 140 130 120 110 100 Crops ($160.3) Livestock ($130.3) 2004 2009 preliminary and 2010 forecast 2005 2006 2007 2008 2009 2010 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 2006 2007 2008 2009P 2010F Debt Equity Assets - - - - - Billion $ - - - - 162.4 838.0 1000.4 177.7 820.2 997.9 184.0 778.5 962.5 186.2 773.1 959.3 188.8 709.0 897.8 172.2 603.8 775.9 151.3 570.7 722.0 138.5 618.0 756.5 133.1 655.4 788.5 131.1 682.7 813.7 131.1 709.5 840.6 131.9 712.3 844.2 131.6 736.2 867.8 134.3 774.9 909.2 138.9 795.8 934.7 143.0 822.8 965.7 148.6 854.3 1,002.9 156.9 894.4 1,051.3 164.6 918.7 1,083.4 167.7 971.1 1,138.8 163.9 1,039.3 1,203.2 170.7 1,085.3 1,255.9 177.2 1,082.5 1,259.7 164.2 1,219.2 1,383.4 181.9 1,403.1 1,588.0 196.4 1,583.0 1,779.4 203.6 1,720.0 1,923.6 214.1 1,841.2 2,055.3 238.9 1,766.6 2,005.5 249.5 1,694.2 1,943.7 232.5 1,643.3 1,875.9 Source: 2009 preliminary and 2010 forecast, ERS/USDA, Farm Business Economics Business Room., April 2010; “Agricultural Outlook”, USDA. Balance Sheet of the U.S. Farming Sector 2400 Assets $1,875.9 Billion $ 2000 Debt $232.5 1600 1200 800 Equity $1,643.3 400 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 06 07 08 09P 10F 0 2009 preliminary and 2010 forecast