Preliminary cash receipts from 1996 marketings of Michigan crops, livestock and livestock products totaled $3.64 billion. Total cash receipts were virtually unchanged from the previous year, placing Michigan 20th nationally. Crop cash receipts declined 4 percent from 1995, to $2.19 billion. Sales of crops were mixed with increases for apples, potatoes, and cherries, while wheat, sugarbeets, and hay declined. Livestock cash receipts, at $1.45 billion, were up 8 percent from a year ago. Increased sales of dairy products, hogs, and eggs contributed to the increase.
Preliminary U.S. data shows that total cash receipts were up 9 percent to $201.9 billion for 1996. Crop cash receipts increased 10 percent to $109.1 billion a new record high. Livestock increased 3 percent to $92.9 billion.

Michigan's 1996 agricultural sector output totaled $3.82 billion, down 5 percent from 1995, but up 1 percent from 1994. Net farm income in 1996 declined dramatically to $376 million in 1996, down 43 percent from the previous year. The decline in income was primarily attributed to lower production of most crops, dropping 14 percent from 1995's level to $2.01 billion in 1996. The value of inventory adjustment of a negative $192 million resulted from the large 1995 crop which was marketed in 1996. Livestock output at $1.42 billion, posted an increase of 8 percent. Dairy products totaled $808 million, an increase of 13 percent. Total production expenses were $3.54 billion in 1996, up 2 percent from the previous year.

The value added format is new this year. Data presented in Table 2-2. are preliminary and scheduled for publication by the Economic Research Service, USDA in October 1997.

Total farm assets, at $17.8 billion, as of December 31, 1995, were up 7 percent from the previous year. The increase in farm assets was led primarily by higher real estate values, which grew to over $12.6 billion, an increase of 10 percent from 1994. Total 1995 farm debt in Michigan was $2.7 billion, up 3 percent from 1994. The debt/asset ratio improved to 15.2 for 1995, down from 15.8 in 1994.

Government payments to farmers in Michigan dropped to $110 million in 1996, compared with $151 million the previous year, but up from $102 million in 1994. The decline is primarily due to the implementation of the Production Flexibility Program.

Table 2-1.-Government payments: Michigan
[Includes both cash payments and payment-in-kind (PIK)]
Program	1992	1993	1994	1995	1996
	1,000 dollars
Conservation programs	20,733	24,651	24,406	22,817	22,963
Wheat programs	14,569	17,551	10,516	5,186	--
Feed grain programs	74,688	140,984	39,376	86,358	--
Miscellaneous programs 1	32,519	58,156	27,767	36,635	86,622
Total	142,509	241,342	102,065	150,996	109,585
1 Programs included are CAT, Disaster, Loan Deficiency, NAP, and Production Flexibility.

Table 2-2.-Value added to the U.S. economy by the agricultural sector, 1992-1996
[Final sector output is the gross value of the commodities and services produced within a year. Net value-added is the sector's contribution to the National economy and is the sum of the income from production earned by all factors-of-production. Net farm income is the farm operators' share of income from the sector's production activities]
Michigan		1992	1993	1994	1995	1996
		Million dollars
	Final crop output	1,878.3	1,978.0	2,058.3	2,325.8	2,005.7
	Food grains	97.1	76.7	91.6	143.7	102.5
	Feed crops	398.8	421.0	403.4	532.7	534.1
	Oil crops	289.2	303.0	305.8	364.1	352.2
	Fruits and tree nuts	209.2	203.2	186.9	204.1	223.1
	Vegetables	371.9	417.6	451.3	448.5	429.3
	All other crops	535.0	547.5	577.4	589.6	553.7
	Home consumption	3.0	1.7	1.8	2.7	2.4
	Value of inventory adjustment 1	-25.9	7.4	40.0	41.5	-191.6
	Final animal output	1,354.9	1,400.7	1,389.9	1,323.1	1,422.7
	Meat animals	456.8	507.1	494.3	456.5	452.0
	Dairy products	716.3	704.9	739.0	717.5	807.5
	Poultry and eggs	110.0	131.8	128.1	129.2	139.8
	Miscellaneous livestock	26.5	27.1	37.2	40.4	48.7
	Home consumption	10.9	10.9	11.9	11.4	9.9
	Value of inventory adjustment 1	34.3	18.7	-20.7	-31.8	-35.1
	Services and forestry	272.5	291.9	325.4	354.3	387.6
	Machine hire and customwork	42.0	41.8	47.4	36.7	53.2
	Forest products sold	9.8	10.1	11.0	10.0	10.0
	Other farm income	44.0	45.3	45.9	50.9	50.2
	Gross imputed rental value of farm dwellings	176.7	194.7	221.2	256.7	274.3
	Final agricultural sector output	3,505.7	3,670.5	3,773.7	4,003.3	3,816.1
le ss:	Intermediate consumption outlays	1,787.9	1,980.1	2,132.0	2,080.9	2,049.0
	Farm origin	562.1	620.8	650.6	602.1	600.0
	Manufactured inputs	577.3	596.5	657.6	646.0	665.7
	Other intermediate expenses	648.5	762.8	823.8	832.8	783.3
pl us:	Net government transactions	-168.9	-79.9	-84.4	-42.1	-85.0
+	Direct Government payments . . . . . . . . . . . . . . . . .	142.5	241.3	102.1	151.0	109.6
-	Motor vehicle registration and licensing fees . . . . . .	9.0	7.2	7.8	8.4	8.1
-	Property taxes . . . . . . . . . . . . . . . . . . . . . . . . . . .	302.4	314.0	178.7	184.7	186.5
	Gross value added	1,548.9	1,610.6	1,557.2	1,880.3	1,682.2
le ss:	Capital consumption	510.1	502.8	515.3	531.9	532.0
	Net value added	1,038.8	1,107.8	1,041.9	1,348.3	1,150.2
le ss:	Factor payments	631.3	650.0	697.2	686.3	774.3
	Employee compensation (total hired labor)	418.8	418.0	437.3	407.2	471.6
	Net rent received by nonoperator landlords	8.4	40.4	41.0	49.0	60.4
	Real estate and nonreal estate interest	204.0	191.6	218.9	230.1	242.3
	Net farm income	407.5	457.8	344.7	662.0	375.9
1 A positive value of inventory change represents current-year production not sold by December 1. A negative value is an offset to production from prior years included in current-year sales.

Table 2-3.-Cash receipts by commodity groups and selected commodities, Michigan, 1992-96
Item	1992	1993	1994	1995	1996
	1,000 dollars
Livestock:
Dairy	716,344	704,931	739,045	717,469	807,488
Cattle and calves	254,426	296,899	305,512	264,812	232,109
Hogs	198,281	206,320	184,630	186,293	214,496
Eggs	47,066	53,705	50,823	50,315	68,426
Honey	3,811	3,950	4,257	6,961	9,504
Sheep and lambs	4,101	3,916	4,115	5,379	5,409
Mink pelts	1,314	1,261	1,903	1,733	2,767
Aquaculture	2,410	2,986	2,315	1,850	2,055
All chickens	1,748	1,821	1,330	1,141	1,004
Other livestock	80,080	95,251	104,733	107,524	104,723
Total livestock	1,309,581	1,371,040	1,398,663	1,343,477	1,447,981
Crops:
field crops and vegetables:
Corn	331,399	353,974	328,079	470,355	477,441
Soybeans	288,045	302,083	304,825	363,059	351,302
Beans, dry edible	95,336	110,021	145,253	127,137	116,630
Wheat	96,679	76,263	91,220	143,231	102,103
Potatoes	90,008	102,390	86,854	85,650	94,309
Sugarbeets	112,767	113,808	113,890	100,386	66,349
Hay	60,398	60,090	70,239	57,002	49,318
Mushrooms	15,181	14,597	13,915	14,810	15,856
Oats	4,527	4,240	2,688	2,713	4,233
Barley	2,481	2,658	2,430	2,611	3,130
Rye	455	422	425	506	379
Spearmint	1,404	1,260	897	1,058	329
Vegetables	186,544	205,169	219,191	235,720	218,393
Other crops 1	47,925	49,164	51,297	49,698	50,193
fruit:
Apples	97,424	91,126	84,553	102,094	106,917
Cherries	52,808	43,327	49,133	29,148	46,809
Blueberries	27,100	34,650	25,180	33,450	36,330
Grapes	10,375	11,670	14,860	15,196	13,555
Peaches	8,631	10,260	3,400	12,594	10,870
Strawberries	7,727	7,637	6,300	6,822	4,512
Pears	1,299	1,240	1,255	1,400	1,560
Prunes and plums	2,364	1,710	993	1,603	837
Other fruit	1,510	1,555	1,190	1,765	1,745
other products:
Greenhouse and nursery ornamentals	358,933	369,574	398,385	424,625	421,846
Total crops	1,901,320	1,968,888	2,016,452	2,282,633	2,194,946
Total cash receipts	3,210,901	3,339,928	3,415,115	3,626,110	3,642,927
1 Includes seed crops, forest products, maple syrup, Christmas trees and miscellaneous field crops.

Table 2-4.-Crops: Prices received by farmers, monthly, marketing year 1995
Year and month	Corn per bushel	Whea t per bushel	Oats per bushel	Soy beans per bushel	Dry beans per cwt.	Navy beans per cwt.	Pota toes per cwt.	All hay per ton	Al falfa hay per ton
1995	Dollars
June	---	---	---	---	---	---	---	69.00	70.00
July	---	3.84	1.64	---	---	---	7.80	59.00	60.00
August	---	3.88	1.45	---	---	---	7.00	59.00	60.00
September	---	4.08	1.52	5.93	18.70	18.10	5.95	64.00	65.00
October	2.76	4.52	2.02	6.19	18.80	17.80	6.15	64.00	65.00
November	2.90	4.77	1.82	6.39	17.10	16.70	6.65	64.00	65.00
December	2.97	4.41	2.59	6.68	18.90	18.30	7.00	69.00	70.00
1996
January	3.16	4.43	1.94	6.77	18.20	18.10	6.95	64.00	65.00
February	3.22	4.83	2.21	6.95	18.10	17.80	7.15	64.00	65.00
March	3.51	4.53	2.34	6.89	18.50	18.30	7.45	69.00	70.00
April	4.00	5.02	2.74	7.47	19.40	19.20	7.95	69.00	70.00
May	4.44	---	2.77	7.63	21.00	21.90	8.20	79.00	80.00
June	4.68	---	2.82	7.43	22.20	22.00	7.40	---	---
July	4.84	---	---	7.73	24.40	24.30	---	---	---
August	4.37	---	---	7.75	25.90	26.70	---	---	---
September	4.24	---	---	---	---	---	---	---	---

Table 2-5.-Crops: Preliminary prices received, monthly, marketing year 1996
Year and month	Corn per bushel	Whea t per bushel	Oats per bushel	Soy beans per bushel	Dry beans per cwt.	Navy beans per cwt.	Pota toes per cwt.	All hay per ton	Al falfa hay per ton
1996	Dollars
June	---	---	---	---	---	---	---	79.0	80.00
July	---	4.07	2.59	---	---	---	9.50	74.0	75.00
August	---	4.05	2.39	---	---	---	6.65	78.0	80.00
September	---	3.84	2.34	7.58	24.1	23.0	5.65	87.0	90.00
October	2.66	3.79	2.38	6.83	24.0	22.7	5.65	97.0	100.0
November	2.56	3.56	2.21	6.80	22.9	21.1	5.50	107.	110.0
December	2.59	3.77	2.25	6.88	22.0	19.5	5.60	117.	120.0
1997
January	2.64	3.47	2.19	7.13	21.4	19.4	5.45	132.	135.0
February	2.66	3.20	2.33	7.44	20.1	18.3	5.35	118.	120.0
March	2.91	3.43	2.45	8.06	20.6	18.8	5.40	123.	125.0
April	2.90	3.73	2.49	8.26	20.9	17.3	6.10	117.	120.0
May	2.86	3.44	2.41	8.62	18.9	16.8	6.20	123.	125.0
June								108.	110.0
July
August
September

Table 2-6.-Crops: Prices received by farmers, marketing years 1992-96
Marketing year average	Corn per bushel	Wheat per bushel	Oats per bushel	Soy beans per bushel	Dry beans per cwt.	Navy beans per cwt.	Pota toes per cwt.	All hay per ton	Al falfa hay per ton
	Dollars
1992	1.95	3.08	1.63	5.53	22.1	--	6.40	77.5	79.00
1993	2.46	3.04	1.57	6.32	20.3	--	7.20	68.0	70.00
1994	2.23	3.25	1.44	5.43	27.1	--	6.70	70.5	71.50
1995	3.20	4.10	1.90	6.52	19.4	--	6.90	66.0	67.00
1996 1	2.40	3.90	2.30	6.70	24.3	--	6.65	85.5	87.00
1 Preliminary prices.

Table 2-7.-Livestock: Prices received by farmers, monthly, marketing year 1996
Marketing year and month	All hogs per cwt.	Beef cattle per cwt. 1	Cows per cwt. 2	Steers and heif ers per cwt.	Milk cows per head 3	Calves per cwt.	Table eggs per dozen	All milk wholesale per cwt.
1995	Dollars
December	43.70	--	--	--	--	--	0.700	--
1996
January	41.90	51.50	33.00	56.10	1,060	55.50	0.740	14.30
February	45.80	47.60	32.90	53.90	--	53.50	0.590	14.00
March	47.80	49.80	32.40	54.20	--	53.00	0.660	13.90
April	48.90	44.80	30.30	48.40	1,100	54.50	0.590	13.90
May	55.50	46.10	32.30	49.60	--	58.00	0.490	14.30
June	55.30	48.70	31.30	53.10	--	52.00	0.530	14.80
July	57.00	50.60	32.80	55.00	1,090	48.00	0.530	15.50
August	59.10	52.60	32.80	57.50	--	50.00	0.620	15.70
September	54.70	52.10	31.00	57.40	--	53.00	0.640	16.50
October	55.50	50.30	31.10	55.10	1,130	48.00	0.600	16.60
November	54.50	51.00	29.20	56.40	--	48.00	0.770	15.90
December	--	51.20	29.30	56.70	--	48.00	--	14.80
1 Combined price for "Cows" and "Steers and Heifers."
2 Beef cows and cull dairy cows sold for slaughter.
3 Sold for dairy herd replacement only. Prices published January, April, July, and October.

Table 2-8.-Livestock: Prices received, monthly, marketing year 1997
Year and month	All hogs per cwt.	Beef cattle per cwt. 1	Cows per cwt. 2	Steers and heif ers per cwt.	Milk cows per head 3	Calves per cwt.	Table eggs per dozen	All milk wholesale per cwt.
1996	Dollars
December	55.40	51.20	29.30	56.70	--	48.00	0.820	14.80
1997
January	56.00	51.10	30.90	59.70	1,090	48.00	0.610	13.80
February	52.40	49.60	34.00	60.00	--	54.50	0.600	13.60
March	49.20	51.70	37.20	61.30	--	51.50	0.590	13.70
April	53.90	53.30	38.20	63.30	1,100	57.00	0.480	13.60
May	57.70	53.20	39.50	62.40	--	56.00	0.460	13.40
June							0.410
July
August
September
October
November
December
1 Combined price for "Cows" and "Steers and Heifers."
2 Beef cows and cull dairy cows sold for slaughter.
3 Sold for dairy herd replacement only. Prices published January, April, July, and October.

Table 2-9.- Livestock: Prices received by farmers, marketing years 1992-96
Marketing year average	All hogs per cwt.	Beef cattle per cwt. 1	Cows per cwt. 2	Steers and heif ers per cwt.	Milk cows per head 3	Calves per cwt.	Table eggs per dozen	All milk wholesale per cwt.
	Dollars	Dollars	Dollars	Dollars	Dollars	Dollars	Dollars	Dollars
1992	40.00	59.30	47.30	65.90	1,170	88.10	0.400	13.30
1993	43.90	61.60	47.80	68.80	1,190	96.00	0.460	13.10
1994	38.80	55.50	42.70	61.30	1,210	94.10	0.425	13.40
1995	39.70	52.00	37.00	58.50	1,150	69.30	0.435	13.00
1996	51.40	49.80	31.50	54.60	1,100	51.60	0.623	15.00
1 Combined price for "Cows" and "Steers and Heifers."
2 Beef cows and cull dairy cows sold for slaughter.
3 Sold for dairy herd replacement only. Prices published January, April, July, and October.

Table 2-10.-Monthly farm marketings: Beans, dry
Month	19 91	19 92	19 93	19 94	19 95
	Percent
September	27	22	12	24	26
October	13	28	25	30	11
November	2	8	7	8	8
December	4	5	11	8	8
January	13	4	6	12	7
February	6	4	8	2	5
March	7	7	3	2	6
April	6	5	5	7	5
May	5	7	10	2	10
June	9	4	6	2	7
July	3	3	3	1	4
August	5	3	4	2	3

Table 2-11.-Monthly farm marketings: Corn
Month	19 91	19 92	19 93	19 94	19 95
	Percent
October	17	3	5	3	18
November	14	7	25	18	19
December	11	22	16	14	13
January	15	18	12	14	20
February	10	13	8	6	10
March	6	6	6	6	6
April	5	4	4	5	7
May	4	5	5	5	3
June	7	4	7	11	1
July	5	5	5	7	1
August	3	9	4	7	1
September	3	4	3	4	1

Table 2-12.-Monthly farm marketings: Hay
Month	19 91	19 92	19 93	19 94	19 95
	Percent
June	14	14	11	11	12
July	11	11	10	10	9
August	10	10	9	9	6
September	3	3	6	6	3
October	6	6	6	6	6
November	9	9	6	6	4
December	11	11	6	6	7
January	11	11	10	10	8
February	8	8	9	9	14
March	8	8	12	12	15
April	6	6	8	8	12
May	3	3	7	7	4

Table 2-13.-Monthly farm marketings: Oats
Month	19 91	19 92	19 93	19 94	19 95
	Percent
July	21	6	7	8	4
August	20	20	44	50	39
September	9	26	11	7	4
October	5	13	6	3	6
November	3	6	6	2	5
December	4	4	3	3	1
January	6	4	6	5	12
February	9	5	3	4	8
March	6	5	4	3	3
April	7	3	3	9	6
May	5	4	2	3	8
June	6	4	5	3	4

Table 2-14.-Monthly farm marketings: Soybeans
Month	19 91	19 92	19 93	19 94	19 95
	Percent
September	8	1	--	2	9
October	28	28	39	26	41
November	11	16	15	20	8
December	10	21	9	9	7
January	12	11	6	12	14
February	8	6	5	8	6
March	5	4	4	5	4
April	3	3	4	4	5
May	5	3	7	4	3
June	6	3	4	4	1
July	2	3	3	3	1
August	2	1	4	3	1

Table 2-15.-Monthly farm marketings: Wheat
Month	19 91	19 92	19 93	19 94	19 95
	Percent
July	48	20	28	29	38
August	18	39	24	29	26
September	8	9	8	12	5
October	5	7	9	5	7
November	4	4	5	2	8
December	5	2	11	7	3
January	6	6	8	7	6
February	3	5	3	3	5
March	1	4	1	2	1
April	1	2	1	1	1
May	--	1	1	1	--
June	1	1	1	2	--

Table 2-16.-Prices paid: Michigan
[State level prices paid and quarterly surveys were discontinued in January 1995. Regional and U.S. data are published in April]
Item and unit	1993	1994	1995	1996	1997
	Dollars
Dairy feed, 16% protein, ton 1	172.00	188.00	172.00	226.00	212.00
Hog concentrate, 38-40% protein, ton	305.00	316.00	287.00	339.00	393.00
Soybean meal, 44% protein, cwt. 1	14.30	12.30	10.10	14.40	16.40
Gasoline, unleaded, bulk, gallon 1	1.19	1.09	1.16	1.32	1.30
Diesel fuel, gallon 1	0.87	0.83	0.83	0.98	0.91
Tractors: 110-129 hp, each 2	51,600.00	53,600.00	54,000.00	55,400.00	57,400.00
200 hp, 4-wd., each 2	94,100.00	96,100.00	98,700.00	100,000.00	111,000.00
Corn planter, 4-row, each 2	11,900.0	12,300.0	12,400.0	13,700.0	13,300.00
Grain drill, 15-17 openers, each 2	7,300.00	7,750.00	8,830.00	8,640.00	10,200.00
Fertilizer:    Grade 6-24-24, ton 3		225.00	218.00	232.00	225.00
Grade 10-34-0, ton 3		225.00	246.00	252.00	251.00
Grade 18-46-0, ton 3	201.00	225.00	262.00	297.00	277.00
Anhydrous ammonia, ton 3	214.00	246.00	335.00	309.00	314.00
2,4-D, 4 lb/gal EC, gallon 2	12.80	13.50	14.20	14.80	14.90
Lasso, 4 lb/gal EC, gallon 2	25.80	25.90	28.10	28.70	25.30
Bladex, 4 lb/gal liquid, gallon 2	23.80	26.20	28.30	29.40	30.00
Dual, 8 lb/gal EC, gallon 2	62.30	62.80	67.70	69.40	69.50
Treflan, 4 lb/gal EC, gallon 2	32.30	32.50	32.80	32.60	31.40
EC=Emulsifiable Concentrate.
1 Lake States=MI, MN, WI.
2 United States.
3 North Central Region=IL, IN, IA, MI, MN, MO, OH, WI.

Table 2-17.-Farm production expenses: Michigan
Item	1992	1993	1994	1995	1996
	Million dollars
Feed		344.8	371.0	371.4	362.2
Livestock and poultry	65.8	92.0	81.0	47.2	36.9
Seed	171.4	184.0	198.6	183.5	200.9
Fertilizer and lime	225.3	225.6	269.9	266.7	269.4
Pesticides	169.7	184.5	198.4	199.3	215.6
Fuel and oil	130.3	134.3	136.7	128.5	129.5
Repair and maintenance	212.2	241.8	247.7	242.9	275.7
Other miscellaneous 1	483.7	539.6	595.0	603.7	546.9
Real estate and non-real estate interest	204.0	191.6	218.9	230.1	242.3
Contract and hired labor expenses	427.5	435.4	451.4	416.8	483.5
Net rent to non-operator landlords	8.4	40.4	41.0	49.0	60.4
Capital consumption	510.1	502.8	515.3	531.9	532.0
Property taxes	302.4	314.0	178.7	184.7	186.5
Total production expenses	3,235.8	3,430.8	3,503.6	3,455.7	3,541.8
1 Includes electricity; machine hire and customwork; marketing, storage and transportation expenses; and miscellaneous expenses.