[Economic Report of the President (2003)] [Administration of George W. Bush] [Online through the Government Publishing Office, www.gpo.gov] Table B-98.--Farm business balance sheet, 1950-2001 [Billions of dollars] -------------------------------------------------------------------------------------------------------------------------------------------------------- Assets Claims -------------------------------------------------------------------------------------------------------------------- Physical assets Financial assets -------------------------------------------------------------------- Nonreal estate End of year --------------------------------------- Invest- Real Non- Propri- Total Live- ments Total estate real etors' assets Real stock Machin- Pur- in Other claims debt \5\ estate equity estate and ery and Crops chased cooper- \4\ debt \6\ poul- motor \2\ in- atives try \1\ vehicles puts -----------------------------------------------------------------------------------------\3\------------------------------------------------------------ 1950............................... 121.6 75.4 17.1 12.3 7.1 ....... 2.7 7.0 121.6 5.2 5.7 110.7 1951............................... 136.1 83.8 19.5 14.3 8.2 ....... 2.9 7.3 136.1 5.7 6.9 123.5 1952............................... 133.0 85.1 14.8 15.0 7.9 ....... 3.2 7.1 133.0 6.2 7.1 119.7 1953............................... 128.7 84.3 11.7 15.6 6.8 ....... 3.3 7.0 128.7 6.6 6.3 115.8 1954............................... 132.6 87.8 11.2 15.7 7.5 ....... 3.5 6.9 132.6 7.1 6.7 118.8 1955............................... 137.0 93.0 10.6 16.3 6.5 ....... 3.7 6.9 137.0 7.8 7.3 121.9 1956............................... 145.7 100.3 11.0 16.9 6.8 ....... 4.0 6.7 145.7 8.5 7.4 129.8 1957............................... 154.5 106.4 13.9 17.0 6.4 ....... 4.2 6.6 154.5 9.0 8.2 137.3 1958............................... 168.7 114.6 17.7 18.1 6.9 ....... 4.5 6.9 168.7 9.7 9.4 149.6 1959............................... 173.0 121.2 15.2 19.3 6.2 ....... 4.8 6.2 173.0 10.6 10.7 151.7 1960............................... 174.4 123.3 15.6 19.1 6.4 ....... 4.2 5.8 174.4 11.3 11.1 152.0 1961............................... 181.6 129.1 16.4 19.3 6.5 ....... 4.5 5.9 181.6 12.3 11.8 157.5 1962............................... 188.9 134.6 17.3 19.9 6.5 ....... 4.6 5.9 188.9 13.5 13.2 162.3 1963............................... 196.7 142.4 15.9 20.4 7.4 ....... 5.0 5.7 196.7 15.0 14.6 167.2 1964............................... 204.2 150.5 14.5 21.2 7.0 ....... 5.2 5.8 204.2 16.9 15.3 172.1 1965............................... 220.8 161.5 17.6 22.4 7.9 ....... 5.4 6.0 220.8 18.9 16.9 185.0 1966............................... 234.0 171.2 19.0 24.1 8.1 ....... 5.7 6.0 234.0 20.7 18.5 194.8 1967............................... 246.1 180.9 18.8 26.3 8.0 ....... 5.8 6.1 246.1 22.6 19.6 203.9 1968............................... 257.2 189.4 20.2 27.7 7.4 ....... 6.1 6.3 257.2 24.7 19.2 213.3 1969............................... 267.8 195.3 22.8 28.6 8.3 ....... 6.4 6.4 267.8 26.4 20.0 221.4 1970............................... 278.9 202.4 23.7 30.4 8.7 ....... 7.2 6.5 278.9 27.5 21.2 230.2 1971............................... 301.7 217.6 27.3 32.4 10.0 ....... 7.9 6.7 301.7 29.3 24.0 248.5 1972............................... 339.9 243.0 33.7 34.6 12.9 ....... 8.7 6.9 339.9 32.0 26.7 281.2 1973............................... 418.5 298.3 42.4 39.7 21.4 ....... 9.7 7.1 418.5 36.1 31.6 350.8 1974 \7\........................... 449.2 335.6 24.6 48.5 22.5 ....... 11.2 6.9 449.2 40.8 35.1 373.3 1975............................... 510.8 383.6 29.4 57.4 20.5 ....... 13.0 6.9 510.8 45.3 39.7 425.8 1976............................... 590.7 456.5 29.0 63.3 20.6 ....... 14.3 6.9 590.7 50.5 45.6 494.7 1977............................... 651.5 509.3 31.9 69.3 20.4 ....... 13.5 7.0 651.5 58.4 52.4 540.7 1978............................... 767.4 601.8 50.1 68.5 23.8 ....... 16.1 7.1 767.4 66.7 60.7 640.0 1979............................... 898.1 706.1 61.4 75.4 29.9 ....... 18.1 7.3 898.1 79.7 71.8 746.6 1980............................... 983.3 782.8 60.6 80.3 32.8 ....... 19.3 7.4 983.3 89.7 77.1 816.5 1981............................... 982.3 785.6 53.5 85.5 29.5 ....... 20.6 7.6 982.3 98.8 83.6 799.9 1982............................... 944.6 750.0 53.0 86.0 25.9 ....... 21.9 7.8 944.6 101.8 87.0 755.8 1983............................... 943.4 753.4 49.5 85.8 23.7 ....... 22.8 8.1 943.4 103.2 87.9 752.3 1984............................... 857.0 661.8 49.5 85.0 26.1 2.0 24.3 8.3 857.0 106.7 87.1 663.2 1985............................... 772.7 586.2 46.3 82.9 22.9 1.2 24.3 9.0 772.7 100.1 77.5 595.1 1986............................... 724.8 542.4 47.8 81.9 16.3 2.1 24.4 10.0 724.8 90.4 66.6 567.8 1987............................... 756.3 563.7 58.0 78.7 17.8 3.2 25.3 9.9 756.3 82.4 62.0 611.9 1988............................... 788.4 582.3 62.2 81.0 23.7 3.5 25.6 10.4 788.4 77.8 61.7 648.9 1989............................... 813.7 600.1 66.2 84.1 23.9 2.6 26.3 10.4 813.7 76.0 61.9 675.8 1990............................... 840.6 619.1 70.9 86.3 23.2 2.8 27.5 10.9 840.6 74.7 63.2 702.7 1991............................... 844.2 624.8 68.1 85.9 22.2 2.6 28.7 11.8 844.2 74.9 64.3 705.0 1992............................... 867.8 640.8 71.0 84.8 24.2 3.9 29.4 13.6 867.8 75.4 63.6 728.8 1993............................... 909.2 677.6 72.8 85.4 23.3 3.8 31.0 15.3 909.2 76.0 65.9 767.3 1994............................... 934.7 704.1 67.9 86.8 23.3 5.0 32.1 15.5 934.7 77.7 69.1 787.9 1995............................... 965.7 740.5 57.8 87.6 27.4 3.4 34.1 15.0 965.7 79.3 71.5 814.9 1996............................... 1,003.0 769.5 60.3 88.0 31.7 4.4 34.9 14.1 1,003.0 81.7 74.4 846.9 1997............................... 1,051.3 808.2 67.1 88.7 32.7 4.9 35.7 14.0 1,051.3 85.4 80.1 885.8 1998............................... 1,083.4 840.4 63.4 89.8 29.9 5.0 40.5 14.3 1,083.4 89.6 83.2 910.5 1999............................... 1,141.1 889.1 73.2 90.0 28.3 4.0 41.9 14.6 1,141.1 94.2 82.2 964.7 2000............................... 1,206.5 949.5 76.8 90.3 27.9 4.9 43.0 14.2 1,206.5 97.6 86.5 1,022.4 2001............................... 1,251.0 998.7 73.2 90.7 25.2 4.2 43.6 15.3 1,251.0 103.0 89.0 1,059.0 -------------------------------------------------------------------------------------------------------------------------------------------------------- \1\ Excludes commercial broilers; excludes horses and mules beginning 1959; excludes turkeys beginning 1986. \2\ Non-Commodity Credit Corporation (CCC) crops held on farms plus value above loan rate for crops held under CCC. \3\ Includes fertilizer, chemicals, fuels, parts, feed, seed, and other supplies. \4\ Currency and demand deposits. \5\ Includes CCC storage and drying facilities loans. \6\ Does not include CCC crop loans. \7\ Beginning 1974, data are for farms included in the new farm definition, that is, places with sales of $1,000 or more annually. Note.--Data exclude operator households. Beginning 1959, data include Alaska and Hawaii. Source: Department of Agriculture, Economic Research Service.