[Economic Report of the President (1996)]
[Administration of William J. Clinton]
[Online through the Government Publishing Office, www.gpo.gov]

[DOCID: f:erp_b93._]
Economic Report of the President - - - - - - - - - - - - H. Doc. 104-161
[From the online service of the U.S. Government Printing Office]
[wais.access.gpo.gov]
AGRICULTURE


Table B-93.--Farm income, 1945-95
[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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Year or quarter                         Cash marketing receipts
---------------------------------  Value of   Production   Net farm
Total\1\             Livestock              inventory    expenses    income
Total        and      Crops    changes\2\
products
---------------------------------------------------------------------------------------------------------------
1945...........................       25.4       21.7       12.0        9.7        -0.4        13.1       12.3  ................................................................................................................
1946...........................       29.6       24.8       13.8       11.0          .0        14.5       15.1  ................................................................................................................
1947...........................       32.4       29.6       16.5       13.1        -1.8        17.0       15.4  ................................................................................................................
1948...........................       36.5       30.2       17.1       13.1         1.7        18.8       17.7  ................................................................................................................
1949...........................       30.8       27.8       15.4       12.4         -.9        18.0       12.8  ................................................................................................................

1950...........................       33.1       28.5       16.1       12.4          .8        19.5       13.6  ................................................................................................................
1951...........................       38.3       32.9       19.6       13.2         1.2        22.3       15.9  ................................................................................................................
1952...........................       37.8       32.5       18.2       14.3          .9        22.8       15.0  ................................................................................................................
1953...........................       34.4       31.0       16.9       14.1         -.6        21.5       13.0  ................................................................................................................
1954...........................       34.2       29.8       16.3       13.6          .5        21.8       12.4  ................................................................................................................
1955...........................       33.5       29.5       16.0       13.5          .2        22.2       11.3  ................................................................................................................
1956...........................       34.0       30.4       16.4       14.0         -.5        22.7       11.3  ................................................................................................................
1957...........................       34.8       29.7       17.4       12.3          .6        23.7       11.1  ................................................................................................................
1958...........................       39.0       33.5       19.2       14.2          .8        25.8       13.2  ................................................................................................................
1959...........................       37.9       33.6       18.9       14.7          .0        27.2       10.7  ................................................................................................................

1960...........................       38.6       34.0       19.0       15.0          .4        27.4       11.2  ................................................................................................................
1961...........................       40.5       35.2       19.5       15.7          .3        28.6       12.0  ................................................................................................................
1962...........................       42.3       36.5       20.2       16.3          .6        30.3       12.1  ................................................................................................................
1963...........................       43.4       37.5       20.0       17.4          .6        31.6       11.8  ................................................................................................................
1964...........................       42.3       37.3       19.9       17.4         -.8        31.8       10.5  ................................................................................................................
1965...........................       46.5       39.4       21.9       17.5         1.0        33.6       12.9  ................................................................................................................
1966...........................       50.5       43.4       25.0       18.4         -.1        36.5       14.0  ................................................................................................................
1967...........................       50.5       42.8       24.4       18.4          .7        38.2       12.3  ................................................................................................................
1968...........................       51.8       44.2       25.5       18.7          .1        39.5       12.3  ................................................................................................................
1969...........................       56.4       48.2       28.6       19.6          .1        42.1       14.3  ................................................................................................................

1970...........................       58.8       50.5       29.5       21.0          .0        44.5       14.4  ................................................................................................................
1971...........................       62.1       52.7       30.5       22.3         1.4        47.1       15.0  ................................................................................................................
1972...........................       71.1       61.1       35.6       25.5          .9        51.7       19.5  ................................................................................................................
1973...........................       98.9       86.9       45.8       41.1         3.4        64.6       34.4  ................................................................................................................
1974...........................       98.2       92.4       41.3       51.1        -1.6        71.0       27.3  ................................................................................................................
1975...........................      100.6       88.9       43.1       45.8         3.4        75.0       25.5  ................................................................................................................
1976...........................      102.9       95.4       46.3       49.0        -1.5        82.7       20.2  ................................................................................................................
1977...........................      108.8       96.2       47.6       48.6         1.1        88.9       19.9  ................................................................................................................
1978...........................      128.4      112.4       59.2       53.2         1.9       103.3       25.2  ................................................................................................................
1979...........................      150.7      131.5       69.2       62.3         5.0       123.3       27.4  ................................................................................................................

1980...........................      149.3      139.7       68.0       71.7        -6.3       133.1       16.1  ................................................................................................................
1981...........................      166.3      141.6       69.2       72.5         6.5       139.4       26.9  ................................................................................................................
1982...........................      164.1      142.6       70.3       72.3        -1.4       140.3       23.8  ................................................................................................................
1983...........................      153.9      136.8       69.6       67.2       -10.9       139.6       14.2  ................................................................................................................
1984...........................      168.0      142.8       72.9       69.9         6.0       141.9       26.1  ................................................................................................................
1985...........................      161.2      144.1       69.8       74.3        -2.3       132.4       28.8  ................................................................................................................
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........................      211.4      184.4       87.5       96.9          .6       162.9       48.4  ................................................................................................................
II.......................      201.5      177.1       78.0       99.1          .6       165.3       36.3  ................................................................................................................
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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-period inventory of crop and livestock commodities valued at average prices during
the period.

Note.--Data include net Commodity Credit Corporation loans and operator households.

Source: Department of Agriculture.