United States yearbook - 1982 (1)

662 Agriculture
No. 1163. Fa r m Ba l a n c e S h e e t a s s e t s : i9 6 0 t o 1982
[A s o f J a n u a r y 1 . A s s e ts , excluding fa rm h o u seh o ld s, re p re s e n t fa rm re a l e s ta te le s s v a lu e o f o p e ra to rs ' d w e llin g s ; livestock;
m a c h in e ry le s s th e p e rs o n a l u se o f a u to m o b ile s a n d trucks; a ll cro p s ; c u rre n c y a n d d e m a n d d e p o s its ; a n d th e n e t w o rth o f
fa rm e r c o o p e ra tiv e s ]
ITEM U nit 1 9 6 0 1 9 6 5 1 9 7 0 1 9 7 4 1 9 7 5 1 9 7 6 1 9 7 7 1 9 7 8 1 9 7 9 1 9 8 0 1 9 8 1
1 9 0 2 ,
pref.
T o t a l a s s e t s .................................... B it d o l......... 1 7 2 .8 2 0 5 .5 2 7 1 .3 4 1 9 .6 4 4 2 .5 5 1 0 .2 5 8 9 .6 6 5 5 .3 7 8 1 .8 9 0 4 .6 9 8 3 .3 9 8 3 .6
A v e ra g e —
$ 1 ,0 0 0 ........... 4 3 .6 6 1 .2 9 2 .0 1 5 0 .1 1 7 5 .5 2 0 4 .3 2 4 0 .1 2 6 9 .0 3 2 1 .7 3 7 2 .6 4 0 3 .7 4 0 3 .6
P e r fa r m w o r k e r ......................... s ijo o o ........... 2 3 .7 3 3 .8 5 9 .3 9 7 .2 1 0 0 .7 1 1 7 .2 1 3 4 .4 1 5 7 .6 1 9 7 .5 2 3 9 .7 2 6 4 .5 (NA)
N A N o t a v a ila b le . '1 9 6 0 - 1 9 7 4 b a s e d o n 1 9 6 9 c e n s u s fa rm d e fin itio n ; b e g in n in g 1 9 7 5 , b a s e d o n 1 9 7 4 c e n s u s farm
d efin itio n . S e e te x t, p . 6 4 7 .
S o u rc e : U .S . D e p t, o f A griculture, E c o n o m ic R e s e a rc h S e iv ic e , Economic indicators o f the Farm S ector: Incom e and Balance
Sheet S tatistics, a n n u a l.
No. 1164. Fa r m De b t O u t s t a n d in g , b y T y p e o f l e n d e r : i9 6 0 t o 1982
[In b illio n s o f d o lla r s , e x c e p t p e r c e n t. A s o f J a n . 1. S e e a ls o H istorical Statistics. C olonial Times to 1970, s e rie s K 3 6 1 - 3 6 7 a n d
K 3 7 6 - 3 6 0 ]
LENDER 1 9 6 0 1 9 6 5 1 9 7 0 1 9 7 4 1 9 7 5 1 9 7 6 1 9 7 7 1 9 7 8 1 9 7 9 1 9 8 0 1 9 8 1
1 9 0 2 ,
p rel.
F a r m d e b t , t o t a l............................................... 2 4 .8 3 6 .8 5 3 .0 7 4 .1 8 1 .6 9 0 .8 1 0 2 .7 1 1 9 .3 1 3 6 .5 1 5 8 .5 1 7 5 .2 1 9 4 .9
A n n u a l p e rc e n t c h a n g e 1......................... 7.1 8 ,2 7 .6 8 .7 10 .4 1 1 .0 1 3 .0 1 6 .2 1 4 .4 16 .1 1 0 .5 1 1 .2
F a r m d e b t /a s s e t ra tio (p e rc e n t).......... 1 1 .8 15.1 1 6 .6 1 5 .5 1 6 .2 1 5 .7 1 5 .5 1 6 .2 1 5 .6 1 5 .8 16.1 1 7 ,9
R e a ! e s ta te d e b t ........... 12.1 1 8 .9 2 9 .2 4 1 .3 4 6 .3 51 .1 5 6 .6 6 3 .6 7 0 .6 8 2 .7 9 2 .0 1 0 2 -0
F e d e r a l la n d b a n k s . 2 .3 3 ,7 6 .7 1 0 .8 1 3 .4 1 6 .0 1 8 .5 2 1 .4 2 4 .6 2 9 .6 3 5 .9 4 3 .6
L ife in s u ra n c e c o m p a n ie s ................................ 2 .8 4 .3 5 .7 6 .0 6.3 6 .7 7 .4 8 .B 1 0 .5 1 2 .2 1 2 .9 13.1
C o m m e rc ia l a n a s a v in g s b a n k s .................... 1.5 2.4 3 ,5 5 .5 6 ,0 6 .3 6 .8 7 ,8 8 .6 6 .6 8 .7 8 .4
F a rm e rs H o m e A d m in is tra tio n s..................... .7 1,3 2 .3 3 .0 3 .2 3 .4 3 .7 4 ,0 4.1 7.1 7 .7 8 .7
In d iv id u a ls a n d o t h e r s 3...................................... 4 .8 7 .2 1 1 .0 15 .9 1 7 .4 1 8 .7 2 0 .3 2 1 .7 2 3 .1 2 5 .1 2 6 .7 2 6 .3
N o n -re a l e s ta te d e b t , 1 2 .7 17 .9 2 3 .8 3 2 .9 3 5 .5 3 9 .8 4 6 .1 5 5 .6 6 5 .7 7 6 .6 6 3 .1 9 2 .8
C o m m e rc ia l a n d s a v in g s b a n k s ................... 4 .8 7 .0 1 0 .3 1 7 .2 1 8 .2 2 0 .2 2 3 .3 2 5 .7 2 6 .3 3 1 .0 3 1 .6 3 2 .9
P ro d u c tio n c re d it a s s o c ia tio n s *..................... 1.4 2 .4 4 .7 8 .2 9 .9 11.1 1 2 .6 1 3 .9 1 5 .5 1 9 .0 2 0 .8 2 2 .4
F a rm e rs H o m e A d m in is tra tio n ....................... .4 .8 .8 .9 1 .0 1 .8 1 .9 3 .1 5 .8 9 .0 1 1 .8 1 4 .5
in d iv id u a ls a n d o t h e r s 8 ..................................... 4 .9 6 .3 5 .3 5 .9 6.1 6 .4 7 .3 8 .4 1 0 .4 1 1 .7 1 4 .0 1 5 .0
C o m m o d ity C re d it C o rp o ra tio n ...................... 1 .2 1 .5 2 .7 .8 .3 .4 1 .0 4 .5 5 .7 5.1 5 .0 8 .0
'A n n u a l c h a n g e fro m p rio r y e a r sh o w n ; fo r 1 9 6 0 , c h a n g e fro m 1 9 5 5 . F o r e x p la n a tio n o f a v e r a g e a n n u a l p e rc e n t c h a n g e , s e e
G u id e to T a b u la r p re s e n ta tio n .
s e c u re d b y fa rm re a l e s ta te .
’ In c lu d e s d ire c t a n d in sured fa rm o w n e rs h ip , fa rm h o u s in g , s o il a n d w a t e r a n d re c re a tio n lo an s
’ In c lu d e s s e lle r a n d o th e r in d ivid u al fin a n c in g o f fa rm r e a l e s ta te s a le s a n d u n c la s s ifie d c re d it
s o u rc e s . 4A ls o In c lu d e s F e d e ra l in te rm e d ia te credit b a n k lo a n s to fin a n c ia l g ro u p s o th e r t h a n p ro d u c tio n c re d it a s s o c ia tio n s .
’ In c lu d e s m e rc h a n ts a n d d e alers, ind ivid u als, S m a ll B u s in e s s A d m in is tra tio n , a n d a ll o th e r u n c la s s ifie d c re d it s o u rc e s .
S o u rc e : U .S . D e p t, o f A griculture, E c o n o m ic R e s e a rc h S e rv ic e , Econom ic Indicators o f th e Farm S ector: Incom e and Balance
Sheet S tatistics, a n n u a l.
N o . 1165. C a s h So u r c e s a n d Us e s o f F u n d s f o r t h e F a r m S e c t o r : 1 9 7 0 t o 1982
[ In b illio n s o f d o lla r s . E x c lu d e s funds fro m s a le o f re a l e s ta te to n o n fa rm s e c to r. G ro s s fa rm o p e ra tin g e x p e n s e s h a v e b e e n
d e d u c te d fro m g ro ss fa rm incom e. C h a n g e s in th e d e fin itio n o f ‘'fa rm ” sta rtin g in 1 9 7 7 c a u s e d a s ig n ific a n t re d u c tio n in t h e le v e l
o f n o n fa rm in c o m e o f fa rm firms]
SOURCE AND USE 1 9 7 0 1 9 7 4 1 9 7 5 1 9 7 6 1 9 7 7 1 9 7 8 1 9 7 9 1 9 8 0
1 9 8 1 ,
p r e l
1 9 8 2 ,
p r e l
T o t a l f u n d s .................................................................................... 3 9 .9 7 3 .3 6 9 .3 7 4 .5 6 6 .9 8 5 .1 9 9 .8 9 3 .3 9 6 .4 9 7 .7
S o u rc e s :
N e t c a s h fa rm a n d n o n fa rm in c o m e .......................................... 3 7 .6 6 5 .1 6 0 .3 6 3 .5 5 5 .7 6 9 .1 7 7 .2 7 6 .5 7 7 .8 eo .o
N e t flo w o f re a l e s ta te lo a n s .......................................................... 1.1 5 .0 4 .8 5 .4 7 .2 7 .1 1 1 .9 9 .3 1 1 .4 8 .3
N e t flo w o f n o n -re a l e s ta te J o an s1............................................ 1 .2 3 .2 4 .2 5 .6 6 .0 8 .9 1 0 .7 7 .5 7 .2 9 .4
U ses:
P e rs o n a l c o n s u m p tio n 2..................................................................... 2 6 .3 4 9 .4 4 4 .8 4 5 .7 3 6 ,2 4 6 .6 6 1 .8 5 6 .6 6 2 .5 6 1 .4
P u rc h a s e d c a p it a l................................................................................ 1 3 .6 2 3 .9 2 4 .5 2 8 .8 3 0 .7 3 6 .3 3 8 .0 3 6 .7 3 3 ,9 3 6 .3
P u rc h a s e s o f re a l e s t a t e 3.......................................................... 4.1 6 .6 8 .8 1 0 .8 1 0 .4 1 1 .3 1 3 .2 1 1 .6 1 1 .5 1 1 .3
P u rc h a s e s o f m a c h in e ry a n d m otor v e h ic le s .................. 4 .9 8 .2 8 .7 1 0 .0 1 0 .6 1 2 .7 1 4 .3 1 3 .2 1 1 .1 1 2 .1
C a p ita l im p ro v e m e n t t o r e a l e s ta te a s s e ts ....................... 2 .4 4 .4 4 .7 5 .0 5 .8 6 .9 6 .7 8 .9 6 .9 7 .0
O th e r c a p ita l p u rc h a s e s *........................................................... 2 .2 2 .7 2 .3 3 .0 3 .9 5 .4 3 .8 5 .0 4 .4 5 .9
'E x c lu d e s C C C lo a n s . ’ in clu d es o th e r c a s h u s e s a n d n o n la rm In v e s tm e n t ’ C o v e rs p u rc h a s e s fro m d is c o n tin u in g
p ro p rie to rs . in c lu d e s n e t additions to h o u s e h o ld furnishings, c o m m e rc ia l b a n k d e p o s its a n d c u rre n c y , a n d p u rc h a s e s o f
b re e d in g liv e s to c k .
S o u rc e : U .S . D e p t, o f A g ric u ltu re , E c o n o m ic R e s e a rc h S e rv ic e , Agricultural Finance O utlook, a n n u a l.