Farm
business balance sheet, 1950–99 |
[Billions of dollars] |
End of year |
Assets |
Claims |
Total assets |
Physical assets |
Financial assets |
Total claims |
Real
estate debt 5 |
Nonreal
estate debt 6 |
Proprietors' equity |
Real estate |
Nonreal estate |
Investmentsin
cooperatives |
Other 4 |
Livestock and poultry
1 |
Machinery
and motor vehicles |
Crops
2 |
Purchased inputs 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 |
123.7 |
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 |
|
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|
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|
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|
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|
|
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 |
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|
|
|
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|
|
|
|
|
1960 |
174.3 |
123.3 |
15.6 |
19.1 |
6.4 |
... |
4.2 |
5.8 |
174.3 |
11.3 |
11.1 |
151.9 |
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 |
167.1 |
1964 |
204.2 |
150.5 |
14.5 |
21.2 |
7.0 |
... |
5.2 |
5.8 |
204.2 |
16.9 |
15.3 |
172.1 |
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|
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 |
246.0 |
180.9 |
18.8 |
26.3 |
8.0 |
... |
5.8 |
6.1 |
246.0 |
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 |
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|
1970 |
278.9 |
202.4 |
23.7 |
30.4 |
8.7 |
... |
7.2 |
6.5 |
278.9 |
27.5 |
21.2 |
230.1 |
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 |
350.9 |
19747 |
449.2 |
335.6 |
24.6 |
48.5 |
22.5 |
... |
11.2 |
6.9 |
449.2 |
40.8 |
35.1 |
373.3 |
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|
|
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 |
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|
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 |
800.0 |
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 |
857.1 |
661.8 |
49.5 |
85.0 |
26.1 |
2.0 |
24.3 |
8.3 |
857.1 |
106.7 |
87.1 |
663.3 |
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|
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 |
542.3 |
47.8 |
81.9 |
16.3 |
2.1 |
24.4 |
10.0 |
724.8 |
90.4 |
66.6 |
567.8 |
1987 |
756.3 |
563.5 |
58.0 |
78.7 |
17.8 |
3.2 |
25.3 |
9.9 |
756.3 |
82.4 |
62.0 |
611.9 |
1988 |
788.4 |
582.7 |
62.2 |
81.0 |
23.7 |
3.5 |
25.1 |
10.4 |
788.4 |
77.8 |
61.7 |
648.8 |
1989 |
814.4 |
600.8 |
66.2 |
84.1 |
23.9 |
2.6 |
26.3 |
10.5 |
814.4 |
76.0 |
61.9 |
676.6 |
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|
1990 |
840.6 |
619.1 |
70.9 |
86.3 |
23.2 |
2.8 |
27.5 |
10.9 |
840.6 |
74.7 |
63.2 |
703.5 |
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 |
868.3 |
640.8 |
71.0 |
85.4 |
24.2 |
3.9 |
29.4 |
13.6 |
868.3 |
75.4 |
63.6 |
729.3 |
1993 |
910.2 |
677.6 |
72.8 |
86.4 |
23.3 |
3.8 |
31.0 |
15.3 |
910.2 |
76.0 |
65.9 |
764.4 |
1994 |
936.1 |
704.1 |
67.9 |
88.1 |
23.3 |
5.0 |
32.1 |
15.5 |
936.1 |
77.7 |
69.1 |
789.3 |
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1995 |
967.6 |
740.5 |
57.8 |
89.4 |
27.4 |
3.4 |
34.1 |
15.0 |
967.6 |
79.3 |
71.5 |
816.8 |
1996 |
1,004.8 |
769.5 |
60.3 |
89.8 |
31.7 |
4.4 |
34.9 |
14.1 |
1,004.8 |
81.7 |
74.4 |
848.7 |
1997 |
1,053.1 |
808.2 |
67.1 |
90.1 |
32.9 |
5.1 |
35.7 |
14.0 |
1,053.1 |
85.4 |
80.1 |
887.7 |
1998 |
1,085.5 |
841.8 |
63.4 |
90.2 |
30.1 |
5.3 |
40.5 |
14.3 |
1,085.5 |
89.6 |
83.2 |
912.7 |
1999 |
1,191.1 |
870.0 |
73.1 |
89.0 |
26.9 |
4.2 |
41.2 |
14.6 |
1,119.1 |
94.2 |
82.2 |
942.7 |
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. |
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