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Business and Finance > Economy > U.S. Economy and the Federal Budget

Farm Income

(in millions of dollars)

This table features the U.S. farm income from 1930 to 2007, including the major categories of crops, livestock, government payments, and the gross cash income.

  Cash receipts
from marketings		    
Year Crops Livestock,
livestock
products		 Government
payments		 Gross
cash
income
1930 $ 3,868 $ 5,187 — $ 9,055
1935 2,977 4,143 $ 573 7,693
1940 3,469 4,913 723 9,105
1945 9,655 12,008 742 22,405
1950 12,356 16,105 283 28,764
1955 13,523 15,967 229 29,842
1960 15,023 18,989 703 34,958
1965 17,479 21,886 2,463 42,215
1970 20,977 29,532 3,717 54,768
1975 45,813 43,089 807 90,707
1980 71,746 67,991 1,285 143,295
1985 74,293 69,822 7,705 157,854
1990 80,131 89,843 9,298 186,824
1991 $82,060 $86,735 $8,214 $184,858
1992 84,853 86,350 9,169 188,160
1993 87,500 90,200 13,402 200,100
1994 93,100 88,200 7,900 198,300
1995 101,000 87,100 7,300 205,900
1996 106,200 93,000 7,300 217,400
1997 111,100 96,500 7,500 227,500
1998 101,700 94,100 12,400 225,000
1999 92,600 95,600 21,500 225,000
2000 94,100 99,500 22,900 230,100
2001 95,800 106,100 21,100 n.a.
2002 97,200 108,000 3,600 n.a.
2003 93,200 103,500 12,200 n.a.
2004 113,600 123,600 13,000 267,300
2005 116,000 124,900 24,400 281,000
2006 122,600 118,200 15,800 274,100
2007 147,000 137,900 11,900 313,400
NOTE: n.a. = not available.
Source: U.S. Department of Agriculture, Economic Research Service. Agricultural Income and Finance. Web: www.usda.gov.

Information Please® Database, © 2012 Pearson Education, Inc. All rights reserved.

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