[Economic Report of the President (2007)]
[Administration of George W. Bush]
[Online through the Government Printing Office, www.gpo.gov]


 
Table B-98.--Farm business balance sheet, 1950-2005
[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-     Total      in      Other    claims   debt \5\   estate    equity
estate      and     ery and    Crops    chased     \4\    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   .......      9.7       2.7      7.0      121.6       5.2       5.7    110.7
1951.............................................................     136.0      83.8      19.5     14.3       8.2   .......     10.2       2.9      7.3      136.0       5.7       6.9    123.4
1952.............................................................     133.1      85.1      14.8     15.0       7.9   .......     10.3       3.2      7.1      133.1       6.2       7.1    119.8
1953.............................................................     128.7      84.3      11.7     15.6       6.8   .......     10.3       3.3      7.0      128.7       6.6       6.3    115.8
1954.............................................................     132.6      87.8      11.2     15.7       7.5   .......     10.4       3.5      6.9      132.6       7.1       6.7    118.8

1955.............................................................     137.0      93.0      10.6     16.3       6.5   .......     10.6       3.7      6.9      137.0       7.8       7.3    121.9
1956.............................................................     145.7     100.3      11.0     16.9       6.8   .......     10.7       4.0      6.7      145.7       8.5       7.4    129.8
1957.............................................................     154.5     106.4      13.9     17.0       6.4   .......     10.8       4.2      6.6      154.5       9.0       8.2    137.3
1958.............................................................     168.7     114.6      17.7     18.1       6.9   .......     11.4       4.5      6.9      168.7       9.7       9.4    149.6
1959.............................................................     172.9     121.2      15.2     19.3       6.2   .......     11.0       4.8      6.2      172.9      10.6      10.7    151.6

1960.............................................................     174.4     123.3      15.6     19.1       6.4   .......     10.0       4.2      5.8      174.4      11.3      11.1    151.9
1961.............................................................     181.6     129.1      16.4     19.3       6.5   .......     10.4       4.5      5.9      181.6      12.3      11.8    157.5
1962.............................................................     188.9     134.6      17.3     19.9       6.5   .......     10.5       4.6      5.9      188.9      13.5      13.2    162.2
1963.............................................................     196.7     142.4      15.9     20.4       7.4   .......     10.7       5.0      5.7      196.7      15.0      14.6    167.1
1964.............................................................     204.2     150.5      14.5     21.2       7.0   .......     11.0       5.2      5.8      204.2      16.9      15.3    172.1

1965.............................................................     220.8     161.5      17.6     22.4       7.9   .......     11.4       5.4      6.0      220.8      18.9      16.9    185.0
1966.............................................................     234.0     171.2      19.0     24.1       8.1   .......     11.6       5.7      6.0      234.0      20.7      18.5    194.8
1967.............................................................     246.1     180.9      18.8     26.3       8.0   .......     12.0       5.8      6.1      246.1      22.6      19.6    203.9
1968.............................................................     257.2     189.4      20.2     27.7       7.4   .......     12.4       6.1      6.3      257.2      24.7      19.2    213.2
1969.............................................................     267.8     195.3      22.8     28.6       8.3   .......     12.8       6.4      6.4      267.8      26.4      20.0    221.4

1970.............................................................     278.8     202.4      23.7     30.4       8.7   .......     13.7       7.2      6.5      278.8      27.2      21.3    230.3
1971.............................................................     301.8     217.6      27.3     32.4      10.0   .......     14.5       7.9      6.7      301.8      28.8      24.0    248.9
1972.............................................................     339.9     243.0      33.7     34.6      12.9   .......     15.7       8.7      6.9      339.9      31.4      26.7    281.8
1973.............................................................     418.5     298.3      42.4     39.7      21.4   .......     16.8       9.7      7.1      418.5      35.2      31.6    351.7
1974 \7\.........................................................     449.2     335.6      24.6     48.5      22.5   .......     18.1      11.2      6.9      449.2      39.6      35.1    374.5

1975.............................................................     510.8     383.6      29.4     57.4      20.5   .......     19.9      13.0      6.9      510.8      43.8      39.8    427.3
1976.............................................................     590.7     456.5      29.0     63.3      20.6   .......     21.3      14.3      6.9      590.7      48.5      45.7    496.5
1977.............................................................     651.5     509.3      31.9     69.3      20.4   .......     20.5      13.5      7.0      651.5      55.8      52.6    543.1
1978.............................................................     777.7     601.8      50.1     78.8      23.8   .......     23.2      16.1      7.1      777.7      63.4      60.4    653.9
1979.............................................................     914.7     706.1      61.4     91.9      29.9   .......     25.4      18.1      7.3      914.7      75.8      71.7    767.2

1980.............................................................   1,000.4     782.8      60.6     97.5      32.8   .......     26.7      19.3      7.4    1,000.4      85.3      77.2    838.0
1981.............................................................     997.9     785.6      53.5    101.1      29.5   .......     28.2      20.6      7.6      997.9      93.9      83.8    820.2
1982.............................................................     962.5     750.0      53.0    103.9      25.9   .......     29.7      21.9      7.8      962.5      96.8      87.2    778.5
1983.............................................................     959.3     753.4      49.5    101.7      23.7   .......     30.9      22.8      8.1      959.3      98.1      88.1    773.1
1984.............................................................     897.8     661.8      49.5    125.8      26.1       2.0     32.6      24.3      8.3      897.8     101.4      87.4    709.0

1985.............................................................     775.9     586.2      46.3     86.1      22.9       1.2     33.3      24.3      9.0      775.9      94.1      78.1    603.8
1986.............................................................     722.0     542.4      47.8     79.0      16.3       2.1     34.4      24.4     10.0      722.0      84.1      67.2    570.7
1987.............................................................     756.5     563.7      58.0     78.7      17.8       3.2     35.2      25.3      9.9      756.5      75.8      62.7    618.0
1988.............................................................     788.5     582.3      62.2     81.0      23.7       3.5     35.9      25.6     10.4      788.5      70.8      62.3    655.4
1989.............................................................     813.7     600.1      66.2     84.1      23.9       2.6     36.7      26.3     10.4      813.7      68.8      62.3    682.7

1990.............................................................     840.6     619.1      70.9     86.3      23.2       2.8     38.3      27.5     10.9      840.6      67.6      63.5    709.5
1991.............................................................     844.2     624.8      68.1     85.9      22.2       2.6     40.5      28.7     11.8      844.2      67.4      64.4    712.3
1992.............................................................     867.8     640.8      71.0     84.8      24.2       3.9     43.0      29.4     13.6      867.8      67.9      63.7    736.2
1993.............................................................     909.2     677.6      72.8     85.4      23.3       3.8     46.3      31.0     15.3      909.2      68.4      65.9    774.9
1994.............................................................     934.7     704.1      67.9     86.8      23.3       5.0     47.6      32.1     15.5      934.7      69.9      69.0    795.8

1995.............................................................     965.7     740.5      57.8     87.6      27.4       3.4     49.1      34.1     15.0      965.7      71.7      71.3    822.8
1996.............................................................   1,002.9     769.5      60.3     88.0      31.7       4.4     49.0      34.9     14.1    1,002.9      74.4      74.2    854.3
1997.............................................................   1,051.3     808.2      67.1     88.7      32.7       4.9     49.6      35.7     13.9    1,051.3      78.5      78.4    894.4
1998.............................................................   1,083.4     840.4      63.4     89.8      29.9       5.0     54.7      40.5     14.2    1,083.4      83.1      81.5    918.7
1999.............................................................   1,138.8     887.0      73.2     89.8      28.3       4.0     56.5      41.9     14.6    1,138.8      87.2      80.5    971.1

2000.............................................................   1,203.2     946.4      76.8     90.1      27.9       4.9     57.1      43.0     14.1    1,203.2      91.1      86.5  1,025.6
2001.............................................................   1,255.9     996.2      78.5     92.8      25.2       4.2     58.9      43.6     15.3    1,255.9      96.0      89.7  1,070.2
2002.............................................................   1,304.0   1,045.7      75.6     93.6      23.1       5.6     60.4      44.7     15.8    1,304.0     103.4      90.0  1,110.7
2003.............................................................   1,378.8   1,111.8      78.5     95.9      24.4       5.6     62.4      45.6     16.9    1,378.8     108.0      90.0  1,180.8
2004.............................................................   1,584.8   1,307.6      79.4    102.2      24.4       5.7     65.5   .......  ........   1,584.8     107.4      94.3  1,383.1

2005.............................................................   1,805.3   1,520.9      81.1    105.0      24.3       6.5     67.5   .......  ........   1,805.3     115.7      99.7  1,589.8
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\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\ Beginning in 2004, data available only for total financial assets. Data through 2003 for other financial assets are 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.