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Indiana’s Record F arm Income. Chris Hurt [email protected] August 2011. - PowerPoint PPT Presentation
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2005 2006 2007 2008 2009 2010* 2011** 2012 2013 2014$2.00
$3.00
$4.00
$5.00
$6.00
$7.00
$8.00
$2.80
$3.34
$4.56$4.26
$3.82
$5.66
$6.86
$6.35
$5.85 $5.80
$2.65$2.99
$3.99 $4.01$4.36
$4.86$5.14
$5.33
Indiana Estimated Corn Revenues and Costs
Revenue/Bu.
Costs/Bu.
2005 2006 2007 2008 2009 2010* 2011** 2012 2013 2014$5.00
$6.00
$7.00
$8.00
$9.00
$10.00
$11.00
$12.00
$13.00
$14.00
$15.00
$6.06
$6.80
$10.47 $10.46$10.06
$12.06
$13.91$13.56
$13.01 $12.86
$6.90$7.41
$9.79 $9.69$10.12
$11.50
$12.18$12.67
Indiana Estimated Soybean Revenues and Costs
Revenue/Bu.
Costs/Bu.
Costs Based On Purdue Crop Budgets ID-166
90 91 92 93 94 95 96 97 98 99 0 1 2 3 4 5 6 7 8 9 10 110
10,000,000
20,000,000
30,000,000
40,000,000
50,000,000
60,000,000
70,000,000
80,000,000
90,000,000
100,000,000
87,418,205.3
57,436,394.3
70,322,974.1
86,597,562.8
62,216,284.5
79,002,838.0
94,658,955.9
24,395,850.9
12,262,586.510,630,000.0
U.S. Net Farm Income and Government
Net Farm Income
Government Payments
Bill
ion
$
USDA: January 2011
10 Year Average = $67.7 billion
90 91 92 93 94 95 96 97 98 99 0 1 2 3 4 5 6 7 8 9 10 1150,000,000
70,000,000
90,000,000
110,000,000
130,000,000
150,000,000
170,000,000
190,000,000
210,000,000
185,071,312
171,103,429
202,212,136
140,274,664
119,216,134
140,612,678 145,529,507
U.S. Farm Receipts From:
Crops Animals
Bill
ion
$
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
012345678910
11
$0
$10,000,000
$20,000,000
$30,000,000
$40,000,000
$50,000,000
$60,000,000
$70,000,000
$80,000,000
$90,000,000
39,643,874
49,812,006
57,570,042
65,855,889
81,553,523
Indiana Farm Sector EquityB
illion
$
2005
6061626364656667686970717273747576777879808182838485868788899091929394959697989901234567891
0
$0
$10,000,000
$20,000,000
$30,000,000
$40,000,000
$50,000,000
$60,000,000
$70,000,000
$80,000,000
$90,000,000
$100,000,000
Real Indiana Farm Sector Equity: 2009 =100
Bil
lio
n $
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
012345678910
11
$0
$200
$400
$600
$800
$1,000
$1,200
$1,400
$1,600
505
866
1,391
Real Indiana Equity Per Farm: 2009 =100T
ho
us
an
d $
