Economic Indicators of the Farm Sector: State Financial Summary, 1989

Agriculture and Rural Economy Division, Economic Research Service

No 366868, Miscellaneous Publications from United States Department of Agriculture, Economic Research Service

Abstract: California led in net farm income for 1989 with $6.0 billion. Texas was second with $3.0 billion, followed by Florida ($2.6 billion), Iowa ($2.4 billion), and Illinois ($2.2 billion). Net farm income reflects cash income minus cash expenses plus adjustments for noncash and operator dwelling income and expenses. Cattle and calves and dairy products were the top commodities in cash receipts. Texas led cattle and calf receipts with $5.1 billion, and Wisconsin topped dairy sales with $3.2 billion. Corn and soybeans were the third- and fourth-ranked commodities, and Illinois led in sales for both, with receipts of $2.0 billion and $1.8 billion, respectively. Hogs was the fifth-ranked commodity, and Iowa was the leader with receipts of $2.4 billion.

Keywords: Agricultural and Food Policy; Agricultural Finance; Crop Production/Industries; Dairy Production/Industries; Financial Economics; Labor and Human Capital; Livestock Production/Industries; Production Economics; Productivity Analysis (search for similar items in EconPapers)
Pages: 250
Date: 1991-12
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersmp:366868

DOI: 10.22004/ag.econ.366868

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