Value added contribution to US economy by agriculture (table 2)

Value added contribution to the U.S. economy by the agricultural sector via the production of goods and services ($1,000,000), 1979-1994

	Item	1979	1980	1981	1982	1983	1984	1985	1986	1987	1988	1989	1990	1991	1992	1993	1994
							$1 mil, U.S.
	Final crop output (sales)	66,655	64,358	78,911	71,810	56,873	77,741	74,081	63,307	64,478	69,249	81,497	83,447	80,909	88,955	81,589	98,894
	Food grains	9,047	10,402	11,619	11,412	9,713	9,731	8,990	5,723	5,790	7,469	8,247	7,480	7,325	8,467	8,180	9,469
	Feed crops	14,040	18,308	17,770	17,409	15,559	16,138	22,591	16,993	14,635	14,281	17,049	18,669	19,327	20,060	20,161	20,574
	Cotton	4,330	4,447	4,055	4,457	3,705	3,674	3,687	3,371	4,189	4,525	5,026	5,488	5,236	5,192	5,249	5,730
	Oil crops	14,300	15,493	13,853	13,817	13,546	13,641	12,475	10,614	11,283	13,501	11,866	12,258	12,700	13,286	13,219	15,216
	Tobacco	2,271	2,672	3,250	3,340	2,752	2,813	2,699	1,894	1,816	2,069	2,410	2,733	2,881	2,962	2,949	2,646
	Fruits and tree nuts	6,462	6,557	6,603	6,804	6,056	6,734	6,946	7,252	8,056	9,032	9,151	9,418	9,928	10,175	10,260	10,146
	Vegetables	6,480	7,307	8,772	8,076	8,472	9,152	8,572	8,859	9,891	9,792	11,562	11,424	11,537	11,824	13,144	13,033
	All other crops	5,363	6,560	6,543	6,990	7,362	8,008	8,333	9,101	10,141	10,935	11,582	12,785	13,066	13,696	13,940	14,748
	Home consumption	246	244	243	242	241	240	239	239	167	164	142	146	122	116	69	72
	Value of inventory adjustment 2/	4,116	(7,633)	6,202	-736	(10,533)	7,612	-450	-739	(1,489)	(2,518)	4,463	3,045	(1,214)	3,177	(5,582)	7,261
	Final animal output (sales)	71,196	70,318	70,408	70,499	70,037	72,027	68,690	70,748	75,743	78,631	83,772	90,189	87,255	87,048	91,556	89,922
	Meat animals	44,554	41,233	39,748	40,917	39,074	40,750	38,550	39,081	44,478	46,701	46,686	51,242	50,132	47,749	50,818	46,811
	Dairy products	14,642	16,365	18,095	18,234	18,748	17,931	18,055	17,724	17,727	17,632	19,357	20,153	18,007	19,742	19,244	19,934
	Poultry and eggs	8,923	9,160	9,949	9,520	9,981	12,245	11,209	12,701	11,515	12,868	15,377	15,262	15,129	15,503	17,300	18,443
	Miscellaneous livestock	1,117	1,233	1,358	1,588	1,804	1,968	2,008	2,048	2,276	2,439	2,497	2,537	2,483	2,602	2,673	2,919
	Home consumption	1,100	989	971	887	808	777	687	657	577	568	530	560	498	474	451	410
	Value of inventory adjustment 2/	859	1,339	286	-646	-377	(1,646)	(1,819)	(1,462)	-830	(1,577)	-676	436	1,007	978	1,070	1,405
	Services and forestry	11,494	13,318	15,072	18,346	17,650	9,782	10,724	10,268	11,300	14,974	15,760	15,574	15,401	15,340	16,422	16,774
	Machine hire and customwork	740	654	712	1,301	903	1,072	1,475	1,150	1,467	1,485	1,735	1,835	1,718	1,548	1,962	2,348
	Forest products sold	931	974	1,040	1,080	1,188	1,377	1,405	1,540	1,740	1,849	2,003	1,914	1,868	2,188	2,515	2,690
	Other farm income	567	645	723	2,844	2,966	2,453	3,155	2,999	3,204	4,524	4,858	4,486	4,699	4,440	4,606	4,116
	Gross imputed rental value of farm dwellings	9,256	11,045	12,597	13,121	12,593	4,881	4,689	4,579	4,888	7,116	7,164	7,339	7,116	7,164	7,339	7,620
	Final agricultural sector output	149,345	147,994	164,391	160,655	144,560	159,550	153,495	144,323	151,520	162,854	181,029	189,210	183,564	191,342	189,567	205,590
less:	Intermediate consumption outlays	72,676	76,967	77,439	76,320	76,478	78,908	73,495	71,394	76,192	84,374	89,021	93,169	94,744	93,684	100,769	105,105
	Farm origin	35,230	34,861	33,282	31,447	32,081	32,256	29,261	30,418	32,564	37,401	38,218	39,780	38,892	38,939	41,551	41,604
	Feed purchased	19,314	20,971	20,855	18,592	20,573	19,383	16,949	17,472	17,463	20,246	20,744	20,387	19,331	20,132	21,434	22,633
	Livestock and poultry purchased	13,012	10,670	8,999	9,684	8,818	9,487	9,184	9,758	11,842	13,095	13,077	14,875	14,449	13,894	14,955	13,599
	Seed purchased	2,904	3,220	3,428	3,172	2,690	3,386	3,128	3,188	3,259	4,059	4,397	4,518	5,113	4,912	5,162	5,373
	Manufactured inputs	16,439	20,908	22,179	20,035	18,136	20,344	18,282	16,454	15,921	16,627	17,959	19,359	20,594	20,100	20,466	21,721
	Fertilizers and lime	7,369	9,490	9,409	8,018	7,055	8,360	7,512	6,820	6,453	7,679	8,176	8,208	8,667	8,333	8,398	9,179
	Pesticides	3,436	3,539	4,201	4,282	3,870	4,688	4,334	4,324	4,512	4,148	5,012	5,362	6,319	6,469	6,718	7,219
	Petroleum fuel and oils	5,635	7,879	8,570	7,734	7,211	7,296	6,436	5,310	4,957	4,800	4,772	5,790	5,607	5,298	5,350	5,323
	Other intermediate expenses	21,006	21,198	21,978	24,837	26,261	26,308	25,952	24,522	27,707	30,347	32,844	34,029	35,258	34,645	38,751	41,780
	Repair and maintenance of capital items	6,754	7,075	7,021	6,428	6,529	6,416	6,370	6,426	6,759	7,717	8,406	8,552	8,630	8,468	9,155	9,187
	Machine hire and customwork	2,063	1,823	1,984	2,025	2,213	2,566	2,354	2,099	2,502	3,112	3,380	3,565	3,520	3,806	4,411	4,783
	Marketing, storage, and transportation expenses	3,163	3,069	3,522	4,301	3,904	4,012	4,127	3,652	4,078	3,516	4,207	4,211	4,719	4,541	5,648	6,707
	Contract labor	988	1,023	983	1,104	871	1,135	1,477	1,038	1,305	1,075	1,345	1,601	1,572	1,717	1,771	1,805
	Miscellaneous expenses	8,038	8,207	8,468	10,980	12,744	12,180	11,624	11,307	13,063	14,927	15,505	16,101	16,817	16,113	17,766	19,297
plus:	Net government transactions	(2,676)	(2,805)	(2,503)	-724	4,631	3,883	2,898	6,954	11,630	9,232	5,374	3,249	2,089	2,766	6,750	978
	+ Direct Government payments	1,375	1,286	1,932	3,492	9,295	8,430	7,704	11,813	16,747	14,480	10,887	9,298	8,214	9,169	13,402	7,881
	- Motor vehicle registration and licensing fees	180	200	189	206	199	210	263	248	263	294	300	362	341	361	367	316
	- Property taxes	3,871	3,891	4,246	4,010	4,465	4,337	4,542	4,612	4,853	4,954	5,213	5,687	5,785	6,042	6,285	6,587
	Gross value added	73,993	68,222	84,449	83,610	72,713	84,526	82,899	79,883	86,959	87,712	97,383	99,290	90,910	100,424	95,548	101,463
less:	Capital consumption	19,345	21,474	23,573	24,189	23,758	20,847	19,299	17,788	17,091	17,607	18,168	18,259	18,234	18,289	18,366	18,470
	Net value added	54,648	46,748	60,876	59,422	48,955	63,679	63,600	62,095	69,867	70,106	79,214	81,031	72,676	82,135	77,182	82,993
less:	Employee compensation	7,993	8,271	7,949	8,275	8,067	8,292	8,530	8,446	8,670	9,836	10,688	12,519	12,331	12,291	13,235	13,507
	Net operating surplus	46,654	38,477	52,927	51,146	40,888	55,386	55,070	53,649	61,197	60,270	68,526	68,513	60,346	69,844	63,948	69,486
less:	Net rent received by nonoperator landlords	6,182	6,075	6,184	5,476	5,211	8,150	7,690	6,099	8,184	8,479	9,582	10,321	9,907	10,740	11,048	11,060
less:	Real estate and nonreal estate interest	13,058	16,261	19,864	21,830	21,430	21,129	18,613	16,498	14,972	14,293	13,930	13,395	12,088	11,167	10,839	11,696
	Net farm income	27,415	16,141	26,879	23,841	14,247	26,108	28,767	31,052	38,041	37,499	45,014	44,796	38,351	47,937	42,061	46,730


    1/ Component statistics are drawn from the net farm income accounts and 
       include income and expenses related to the farm operator dwellings.  
       The concept presented is consistent with that employed by the 
       Organization for Economic Cooperation and Development.  
    2/ A positive value of inventory change represents current-year production 
       not sold by December 31.  A negative value is an offset to production 
       from prior years included in current-year sales.

Return to the main index page