Spreadsheet: 151dc49e-5b58-4bb2-919f-6effd3a37917
Sheet: Sheet1

Farm business balance sheet, December 31,  2000 - 2011 | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 | Unnamed: 4 | Unnamed: 5 | Unnamed: 6 | Unnamed: 7 | Unnamed: 8 | Unnamed: 9 | Unnamed: 10 | Unnamed: 11 | Unnamed: 12
United States |  |  |  |  |  |  |  |  |  |  |  | 2012-08-28 00:00:00
Item | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011
 |  |  |  |  | Numbers
Farms | 2166780 | 2148630 | 2135360 | 2126860 | 2112970 | 2098690 | 2088790 | 2204950 | 2200100 | 2200210 | 2192000 | 2181000
 |  |  |  |  | Thousand dollars
Farm assets | 1203214764.7969 | 1255926409 | 1259714324 | 1383430990 | 1588032640 | 1779376005 | 1923595602 | 2055275530 | 2023302016.47 | 2054378341.765 | 2190856516 | 2383939663.039999
Real estate | 946427649.1563 | 996242486 | 998723777 | 1112120739 | 1305187646 | 1486960020 | 1625834666 | 1751385970 | 1702960551.474654 | 1724412000 | 1853742900 | 2034668207.04
Livestock and poultry | 76787712 | 78535901 | 75621261 | 78540333 | 79420000 | 81097172 | 80746597 | 80649432 | 80607000 | 79785000 | 81372000 | 81207100
Machinery and motor vehicles 12/ | 90104682.6895 | 92804006 | 96178054 | 100273990 | 107788705 | 113071130 | 114199633 | 114705644 | 123380465 | 125971454.765 | 127939616 | 133500000
Crops 2/ | 27932428 | 25238556 | 23113966 | 24429028 | 24435158 | 24291478 | 22698792 | 22703399 | 27610000 | 32887000 | 35595000 | 35244099.99999999
Purchased inputs | 4895715.02 | 4212374 | 5631988 | 5626719 | 5700783 | 6491317 | 6459759 | 7019322 | 7167000 | 7217000 | 7345000 | 7567000
Financial | 57066577.9497 | 58893086 | 60445278 | 62440181 | 65500348 | 67464888 | 73656155 | 78811763 | 81577000 | 84105886.99999999 | 84862000 | 91753256
Farm debt 3/ | 163929822.7593934 | 170664445.5282079 | 177223663.422202 | 164201797.681475 | 181917146.748196 | 196377032.253813 | 203580897.6251734 | 214063370.4106075 | 241611417.7665316 | 241882298.3717007 | 251600000 | 254100000
Real estate | 84723763.0922202 | 88541010.7092197 | 95422894.5900208 | 83186921.5565652 | 95652576.8096168 | 104768020.29594 | 108047862.5141436 | 112681793.8471009 | 134667144.0425462 | 131313507.8894318 | 141023253.90618 | 145968423.9332822
Farm Credit System | 29692046.18 | 32854687.11 | 37815366.0798354 | 33207010.9955047 | 37077836.1349358 | 41173235.3309546 | 43447976.55233842 | 46793082.58705744 | 57700522.40289728 | 57180789.23709433 | 63874769.38184802 | 67165019.25648323
Farm Service Agency | 3418222.74 | 3347374.39 | 3180655.11998826 | 2177722.63967611 | 2395489.10194134 | 2452769.20462869 | 2374211.634859544 | 2281489.672824301 | 2313333.106814215 | 2343211.346915765 | 2716323.412208051 | 2928661.280984899
Commercial banks | 29756972.97 | 31082102.27 | 33059776.669835 | 29041135.7400675 | 34630145.4450646 | 37903635.1789221 | 40149133.03531777 | 41883562.21350913 | 50563802.80674523 | 50084033.46491434 | 53948420.3581488 | 54971491.65756064
Life insurance companies | 11053299.75 | 11205391.04 | 11420945.1599709 | 10026402.5884448 | 10725713.495203 | 11306908.0194022 | 12000898.90325792 | 12750152.71538357 | 14990963.63213313 | 13477916.9450052 | 13274219.24307255 | 13546077.82823388
Individuals and others | 10803221.4522202 | 10051455.8992197 | 9946151.56039124 | 8538699.98291953 | 10597614.6714118 | 11681757.1122907 | 9790415.91740305 | 8657115.22966636 | 8947686.6739564 | 7758873.242532165 | 7209521.510902566 | 7357173.910019524
Storage facility loans |  |  | 0 | 195949.609952584 | 225777.961060233 | 249715.449741876 | 285226.4709669083 | 316391.4286600592 | 150835.42 | 468683.6529700001 | 222000 | 150000
Nonreal estate | 79206059.6671732 | 82123434.8189882 | 81800768.8321815 | 81014876.1249095 | 86264569.9385789 | 91609011.957873 | 95533035.11102976 | 101381576.5635067 | 106944273.7239853 | 110568790.4822689 | 110596333.9494166 | 108100000
Farm Credit System | 16687385.344 | 20000000 | 20491000 | 20167246.6 | 22040316 | 24278696.2 | 27811431.2 | 31622151.9 | 37289757.6591284 | 39882969.75385936 | 40533199.72992061 | 41500000
Farm Service Agency | 4208277.584 | 4150979.1492 | 3973022.0652 | 3646185.83490798 | 3243501.92376 | 3007926.2305624 | 2735863.32 | 2807705.721442142 | 2651542.965780209 | 2823287.524476441 | 3321510.984896634 | 3337946.004864038
Commercial banks | 44854281.024 | 45025160.2554 | 44343627.5492 | 43575350 | 45849240 | 48405111.3559 | 51252880.00000001 | 54129150 | 57313184.85128451 | 57027197.48248167 | 56608709.02883074 | 55334325.96140566
Individuals and others | 13456115.7151732 | 12947295.4143882 | 12993119.2177815 | 13626093.6900016 | 15131512.0148189 | 15917278.1714106 | 13732860.59102975 | 12822568.94206454 | 9689788.247792182 | 10835335.72145146 | 10132914.2057686 | 7879942.229337626
Equity | 1039284942.037507 | 1085261963.471792 | 1082490660.5778 | 1219229192.31853 | 1406115493.2518 | 1582998972.74619 | 1720014704.374827 | 1841212159.589392 | 1781690598.703469 | 1812496043.393299 | 2039256516 | 2129839663.039999
Ratio: |  |  |  |  | Percent
Debt/equity | 15.77332799973131 | 15.72564516886284 | 16.37184225936928 | 13.46767274897864 | 12.93756790400568 | 12.40537963920076 | 11.83599751254271 | 11.62621967792922 | 13.56079545698628 | 13.34525938709671 | 12.33782989172511 | 11.93047553811227
Debt/assets | 13.62431941126191 | 13.58872974604421 | 14.06855983501558 | 11.86917156463836 | 11.45550426143609 | 11.03628641175326 | 10.5833522084115 | 10.41531255960643 | 11.94144106019646 | 11.77398989535149 | 11.48409300940272 | 10.65882681258685
Note: F = forecast & P = preliminary.  Numbers may not add due to rounding.  Balance sheet is as of December 31.
1/ Includes only farm share of value for trucks and automobiles.
2/ Non-CCC crops held on farms plus value above loan rates for crops held under CCC.
3/ Includes CCC storage and    drying facilities loans but excludes debt on operator dwellings and for  nonfarm purposes.
 | Information contacts: | For assets: |  |  | For debt:
 |  | [NAME] |  |  | [NAME]
 |  | [EMAIL] |  |  | [EMAIL]
 |  | (202) 694-5565 |  |  | (202) 694-5053
 |  | Economic Research Service |  |  | Economic Research Service
 |  | U.S. Department of Agriculture |  |  | U.S. Department of Agriculture
 |  |  |  |  |  |  |  | Balance sheet of the U.S. farming sector, 2008-2012F 1/
 |  |  |  |  |  |  |  | United States
 |  |  |  |  |  |  |  | Financial measures | 2008 | 2009 | 2010 | 2011
 |  |  |  |  |  |  |  |  |  |  | $ billions
 |  |  |  |  |  |  |  | Farm assets | 2023.302465 | 2054.378342 | 2190.856516 | 2383.93966304
 |  |  |  |  |  |  |  | Real estate | 1702.961 | 1724.412 | 1853.7429 | 2034.66820704
 |  |  |  |  |  |  |  | Livestock and poultry | 80.607 | 79.785 | 81.372 | 81.2071
 |  |  |  |  |  |  |  | Machinery and motor vehicles  2/ | 123.380465 | 125.971455 | 127.939616 | 133.5
 |  |  |  |  |  |  |  | Crops stored  3/ | 27.61 | 32.887 | 35.595 | 35.2441
 |  |  |  |  |  |  |  | Purchased inputs | 7.167 | 7.217 | 7.345 | 7.567
 |  |  |  |  |  |  |  | Financial assets | 81.577 | 84.105887 | 84.862 | 91.753256
 |  |  |  |  |  |  |  | Total farm debt  3/ | 241.611418 | 241.882298 | 151.6 | 254.1
 |  |  |  |  |  |  |  | Real estate | 134.667144 | 131.313508 | 141.02325390618 | 145.9684239332822
 |  |  |  |  |  |  |  | Farm Credit System | 57.700522 | 57.180789 | 63.87476938184802 | 67.16501925648323
 |  |  |  |  |  |  |  | Farm Service Agency | 2.313333 | 2.343211 | 2.716323412208051 | 2.928661280984899
 |  |  |  |  |  |  |  | Commercial banks | 50.563803 | 50.08403300000001 | 53.9484203581488 | 54.97149165756064
 |  |  |  |  |  |  |  | Life insurance companies | 14.990964 | 13.477917 | 13.27421924307255 | 13.54607782823388
 |  |  |  |  |  |  |  | Individuals and others | 8.947687 | 7.758872999999999 | 7.209521510902566 | 7.357173910019524
 |  |  |  |  |  |  |  | Storage facility loans | 0.150835 | 0.468684 | 0.222 | 0.15
 |  |  |  |  |  |  |  | Nonreal estate | 106.944274 | 110.56879 | 110.5963339494166 | 108.1
 |  |  |  |  |  |  |  | Farm Credit System | 37.289758 | 39.88297 | 40.53319972992061 | 41.5
 |  |  |  |  |  |  |  | Farm Service Agency | 2.651543 | 2.823288 | 3.321510984896634 | 3.337946004864038
 |  |  |  |  |  |  |  | Commercial banks | 57.313185 | 57.027197 | 56.60870902883074 | 55.33432596140565
 |  |  |  |  |  |  |  | Individuals and others | 9.689788 | 10.835336 | 10.1329142057686 | 7.879942229337626
 |  |  |  |  |  |  |  | Farm equity | 1781.691047 | 1812.496044 | 2039.256516 | 2129.83966304
 |  |  |  |  |  |  |  | Selected ratios:
 |  |  |  |  |  |  |  | Debt-to-equity | 13.56079205801835 | 13.34525936212195 | 13 | 11.93047553811227
 |  |  |  |  |  |  |  | Debt-to-asset | 11.94143842453135 | 11.77398987591157 | 11.5 | 10.65882681258685