1. Figure 2.2 A Trends in the number of farms, 1990 to 2007
Year

2. Figure 2.2 B Trends in the average size of farms, 1990 to 2007
Number of Acres
Year

3. Figure 2.3 A. Index of total farm inputs used in agricultural production, 1948 to 2006 (1996=1.00)
Indices
Year

4. Figure 2.3 B. Index of capital, labor, and materials used in agricultural production, 1948 to 2006 (1996=1.00)
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5 50 55 60 65 70 75 80 85 90 95 00 05
Capital Labor Materials
Indices
Year

5. Double click on spreadsheet to activate scrolling bar (to see the rest of the spreadsheet.

6. Figure 2. 4. Index of agricultural productivity, 1948 to 2006 (1996=1
Indices
Year

7. Figure 2.5 A Index of total output from the farm sector, 1948 to 2006 (1996=1.00)
Indices
Year

8. Figure 2.5 B Index of output associated with livestock products, 1948 to 2006 (1996=1.00)
Indices
Year

9. Figure 2.5 C Index of output associated with crops, 1948 to 2006 (1996=1.00)
Indices
Year

10. Figure 2.6 A Gross farm income and production expenses, 1949 to 200750
100
150
200
250
300
350 55 60 65 70 75 80 85 90 95 00 05
Gross Farm Income
Production Expenses
Billion $
Year

11. Net Farm Income Real Net Farm Income
Figure 2.6 B Nominal and Real Net Farm Income, 1949 to 2007 10 20 30 40 50 60 70 80 90 55 65 75 85 95 00 05
Net Farm Income Real Net Farm Income
Billion $
Year

12. Nominal Billions of dollars $
Figure 2.7 A Real Estate Assets and Non-real estate assets 1960 to 2006
2,000
400
800
1,200
1,600
2,000 60 65 70 75 80 85 90 95 00
Nominal Billions of dollars $
1,600
1,200
Nominal Billions of dollars $
800
400 60 65 70 75 80 85 90 95 00 05
Year
Real Estate Assets
Non-real Estate Assets

13. Nominal Billions of dollars $
Figure 2.7 B Farm assets and liabilities, 1960 to 2007
2,400
2,000
1,600
1,200
Nominal Billions of dollars $
800
400 60 65 70 75 80 85 90 95 00 05
Year
Farm Assets Liabilities

14. Figure 2.7 C Equity associated with the farm sector, 1960 to 2007
Billion $
Year

15. Figure 2.7 D Debt-to-asset ratio associated with the farm sector, 1960 to 2007
Percent %
Year

16. Figure 2.7 E Debt-to-equity ratio associated with the farm sector, 1960 to 2007
Percent %
Year

17. Source: USDA Economic Research Service
Figure 2.9 Share of the food dollar for food eaten at home and for food eaten away from home.
Source: USDA Economic Research Service
Percent %
Year

18. Figure 2.10 Percentage of disposable personal income spent on food, 1929 to 2007
Year

19. Figure 2.11 Illustration of Engel’s Law using annual data from 1929 to 2007

20. Figure 2.14 The marketing bill share and the farm value share of consumer food expenditures, 1950 to 2006 90 80 70 60 50
Percent % 40 30 20 10 50 55 60 65 70 75 80 85 90 95 00 05
Year
Farm Value Share
Marketing Bill Share