Farm Income
Updated August 5, 2020 |
Infoplease Staff
(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.
Money Market Interest Rates and Mortgage Rates, 1980–2002 | U.S. Economy and the Federal Budget | Farm Indexes, 1975–2006 |