[Economic Indicators May, 1996]
[Page Number 7]
[From the U.S. Government Publishing Office, www.gpo.gov]
FARM INCOME
In the third quarter of 1995, according to preliminary estimates, gross
farm income rose $15.2 billion (annual rate) and net farm income rose
$13.2 billion.
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[Billions of dollars; quarterly data at seasonally adjusted annual rates]
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Income of farm operators from farming
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Gross farm income
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Period Cash marketing receipts
--------------------------------------- Value of Production Net farm
Total\1\ Livestock inventory expenses income
Total and Crops changes\2\
products
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1986......................................................... 156.1 135.4 71.6 63.8 -2.2 125.1 31.1
1987......................................................... 168.3 141.8 76.0 65.8 -2.3 130.2 38.0
1988......................................................... 177.3 151.2 79.6 71.6 -4.1 139.8 37.5
1989......................................................... 191.9 160.8 83.9 76.9 3.8 146.9 45.0
1990......................................................... 198.5 169.4 89.2 80.3 3.5 153.7 44.8
1991......................................................... 191.8 167.8 85.8 82.0 -.2 153.4 38.4
1992......................................................... 200.5 171.3 85.6 85.7 4.2 152.6 47.9
1993......................................................... 203.0 177.1 90.0 87.1 -4.5 160.9 42.1
1994......................................................... 213.5 179.7 88.1 91.6 8.7 166.7 46.7
1993:I....................................................... 203.9 174.3 83.7 90.6 -8.0 158.5 45.4
II..................................................... 203.4 177.2 87.9 89.3 -6.3 160.8 42.7
III.................................................... 198.9 187.7 101.3 86.3 -7.4 162.6 36.3
IV..................................................... 205.6 169.4 87.3 82.1 3.7 161.7 43.9
1994:I....................................................... 218.8 178.8 92.0 86.8 10.6 164.3 54.5
II..................................................... 206.1 169.7 82.8 86.9 10.0 166.5 39.6
III.................................................... 211.8 185.8 97.6 88.2 7.8 168.5 43.3
IV..................................................... 217.1 184.4 79.9 104.5 6.3 167.6 49.5
1995:I....................................................... 210.4 183.6 86.7 96.8 -.6 163.1 47.3
II..................................................... 203.8 179.6 78.4 101.2 -.5 165.5 38.3
IIIp................................................... 219.0 202.1 99.8 102.4 -.5 167.5 51.5
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\1\Cash marketing receipts and
inventory changes plus Government
payments, other farm cash income,
and nonmoney income furnished by
farms.
\2\Physical changes in end-of-
year inventory of crop and livestock
commodities valued at average prices
during the year.
Note.--Data include net
Commodity Credit Corporation loans
and operator households.
Quarterly data plotted for 1989
through 1992 in chart do not reflect
previous revisions to annual data in
table.
Sources: Department of
Agriculture.