Cash Receipts
Preliminary cash receipts from 1997 marketings of Michigan crops, livestock and livestock products totaled $3.59 billion. Total cash receipts were down less than one percent from the previous year, placing Michigan 22th nationally.

Crop cash receipts increased 4 percent from 1996, to $2.24 billion. Sales of crops were mixed with increases for cherries, soybeans, sugarbeets, wheat, and hay, while apples, corn, dry beans, and potatoes declined. Livestock cash receipts, at $1.35 billion, were down 7 percent from a year ago. Decreased sales of dairy products, cattle and calves, and eggs contributed to the decline.

Preliminary U.S. data shows that total cash receipts were up 5 percent to $208.7 billion for 1997. Crop cash receipts increased 5 percent to $112.1 billion. Livestock increased 4 percent to $96.6 billion.

Cash Receipts for Major MI Commodity Groups Chart, 1997

Farm Income
Michigan's 1997 agricultural sector output totaled $4.15 billion, up 7 percent from 1996, and up 5 percent from 1995. Net farm income in 1997 increased 15 percent to $475 million. This increase in net farm income was primarily due to gains in the crop production, up 15 percent from 1996 to $2.38 billion. Livestock output at $1.34 billion, posted a decrease of 6 percent. Dairy products totaled $732.1 million, a 9 percent decrease. Total production expenses were $3.81 billion in 1997, up 8 percent from the previous year.

The value added format data presented in Table 2.2 are preliminary and scheduled for publication by the Economic Research Service, USDA in October 1997. Government payments to farmers in Michigan rose to $121 million in 1997, compared with $110 million the previous year, but down from $151 million in 1995.

Table 2.1 Government payments: Michigan
[Includes both cash payments and payment-in-kind (PIK)]
Program 1993 1994 1995 1996 1997
1,000 dollars
Conservation programs
 24,651 24,406 22,817 22,963 20,854
Wheat programs
 17,551 10,516 5,186 -- --
Feed grain programs
 140,984 39,376 86,358 -- --
Miscellaneous programs 1
 58,156 27,767 36,635 86,622 100,433
Total
 241,342 102,065 150,996 109,585 121,287
Source: Economic Research Service, United States Department of Agriculture.
1 Programs included are CAT, Disaster, Loan Deficiency, NAP, and Production Flexibility, and repayments by farmers.

Table 2.2 Value added to the U.S. economy by the agricultural sector, 1993-1997
[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 1993 1994 1995 1996 1997
Million dollars
Final crop output
 1,978.8 2,057.5 2,282.2 2,053.6 2,376.6
    Food grains
 76.7 91.6 143.7 98.9 106.0
    Feed crops
 421.0 403.4 543.1 512.0 474.8
    Oil crops
 303.0 305.8 364.1 320.7 402.8
    Fruits and tree nuts
 203.2 186.9 204.1 225.8 226.1
    Vegetables
 417.6 451.3 423.0 437.0 387.1
    All other crops
 547.5 577.4 589.6 559.9 622.2
    Home consumption
 1.7 1.8 2.7 2.4 1.9
    Value of inventory adjustment 1
 8.2 39.3 11.9 -103.1 155.7
Final animal output
 1400.7 1,389.9 1,327.2 1,424.3 1,343.4
    Meat animals
 507.1 494.3 456.5 453.1 442.7
    Dairy products
 704.9 739.0 717.5 807.5 732.1
    Poultry and eggs
 131.8 128.1 129.2 139.7 133.6
    Miscellaneous livestock
 27.1 37.2 44.5 49.1 43.6
    Home consumption
 10.9 11.9 11.4 9.9 9.9
    Value of inventory adjustment 1
 18.7 -20.7 -31.8 -35.1 -18.5
Services and forestry
 292.0 325.5 354.5 383.6 427.1
    Machine hire and customwork
 41.8 47.4 36.7 53.2 42.3
    Forest products sold
 10.1 11.0 10.0 10.0 10.0
    Other farm income
 45.3 45.9 50.9 50.2 81.3
    Gross imputed rental value of farm dwellings
 194.8 221.2 256.9 270.2 293.5
Final agricultural sector output
 3,671.5 3,773.0 3,968.9 3,861.5 4,147.1
less: Intermediate consumption outlays
 1,980.2 2,132.2 2,080.8 2,061.6 2,253.3
    Farm origin
 620.8 650.7 603.6 598.4 642.4
    Manufactured inputs
 596.5 657.6 645.7 676.0 728.9
    Other intermediate expenses
 762.9 823.9 831.5 787.2 882.0
plus: Net government transactions
 -79.9 -83.7 -41.9 -84.7 -81.2
+ Direct Government payments
 241.3 102.1 151.1 109.6 121.3
- Motor vehicle registration and licensing fees
 7.2 7.8 8.4 8.1 11.6
- Property taxes
 314.0 178.0 184.5 186.2 190.9
Gross value added
 1,611.4 1,557.1 1,841.2 1,715.3 1,812.7
less:     Capital consumption
 501.3 513.9 533.0 540.8 542.9
Net value added
 1,110.1 1,043.2 1,308.2 1,174.5 1,269.8
less: Factor payments
 649.6 697.9 686.4 762.7 794.5
    Employee compensation (total hired labor)
 418.0 437.3 407.2 458.8 485.9
    Net rent received by nonoperator landlords
 39.9 41.7 49.1 61.6 64.2
    Real estate and nonreal estate interest
 191.6 218.9 230.1 242.3 244.4
Net farm income
 460.5 345.3 621.8 411.8 475.2
Source: Economic Research Service, United States Department of Agriculture.
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, 1993-97
Item 1993 1994 1995 1996 1997
Livestock:
    Dairy
 704,931 739,045 717,469 807,488 732,135
    Cattle and calves
 296,899 305,512 264,812 232,109 218,231
    Hogs
 206,320 184,630 186,293 215,629 218,146
    Eggs
 53,705 50,823 50,315 68,426 61,927
    Honey
 3,950 4,257 6,961 8,726 4,582
    Sheep and lambs
 3,916 4,115 5,379 5,409 6,312
    Mink pelts
 1,261 1,903 1,733 2,767 2,012
    Aquaculture
 2,986 2,315 1,850 2,058 1,486
    All chickens
 1,821 1,330 1,141 968 1,537
    Other livestock
 95,251 104,733 111,604 105,936 105,665
Total livestock
 1,371,040 1,398,663 1,347,557 1,449,516 1,352,033
Crops:
    field crops and vegetables:
        Corn
 353,974 328,079 480,810 461,400 418,559
        Soybeans
 302,083 304,825 363,059 319,930 401,947
        Beans, dry edible
 110,021 145,253 105,872 123,955 88,544
        Wheat
 76,263 91,220 143,231 98,492 105,594
        Potatoes
 102,390 86,854 81,429 94,642 79,837
        Sugarbeets
 113,808 113,890 100,386 81,661 126,464
        Hay
 60,090 70,239 57,002 43,877 50,523
        Mushrooms
 14,597 13,915 14,810 15,348 14,727
        Oats
 4,240 2,688 2,713 3,693 2,943
        Barley
 2,658 2,430 2,611 3,026 2,780
        Rye
 422 425 506 379 391
        Spearmint
 1,260 897 1,058 329 561
        Vegetables
 205,169 219,191 235,720 218,393 218,683
        Other crops 1
 49,164 51,297 49,723 48,097 48,135
    fruit:
        Apples
 91,126 84,553 102,094 109,698 91,951
        Cherries
 43,327 49,133 29,148 46,809 54,366
        Blueberries
 34,650 25,180 33,450 36,330 53,198
        Grapes
 11,670 14,860 15,196 13,555 15,380
        Peaches
 10,260 3,400 12,594 10,870 16,190
        Strawberries
 7,637 6,300 6,822 4,512 7,411
        Pears
 1,240 1,255 1,400 1,560 970
        Prunes and plums
 1,710 993 1,603 837 1,775
        Other fruit
 1,555 1,190 1,765 1,675 1,560
    other products:
        Greenhouse and nursery ornamentals
 369,574 398,385 424,625 415,253 433,230
Total crops
 1,968,888 2,016,452 2,267,627 2,154,321 2,235,720
Total cash receipts
 		3,339,928 3,415,115 3,615,184 3,603,837 3,587,753
Source: Economic Research Service, United States Department of Agriculture.
1 Includes seed crops, forest products, maple syrup, Christmas trees and miscellaneous field crops.

Table 2.4 Crop prices received by farmers:
Marketing years 1993-97
Marketing year
average 		Corn
per bushel 		Wheat per bushel Oats per bushel Soybeans per
bushel 		Dry beans per cwt. Navy beans per cwt. Potatoes per
cwt. 		All hay per
ton 		Alfalfa hay per ton
Dollars
1993
 2.46 3.04 1.57 6.32 20.30 -- 7.20 68.00 70.00
1994
 2.23 3.25 1.44 5.43 27.10 -- 6.70 70.50 71.50
1995
 3.20 4.10 1.90 6.52 19.40 -- 6.90 66.00 67.00
1996
 2.66 3.91 2.41 7.15 21.70 -- 5.80 106.00 108.00
1997 1
 2.55 3.30 1.85 6.55 20.80 -- 6.60 102.00 103.00
Marketing year 1996, monthly
1996 Dollars
    June
 -- -- -- -- -- -- -- 80.00 80.00
    July
 -- 4.07 2.59 -- -- -- 7.50 74.00 75.00
    August
 4.37 4.05 2.39 -- -- -- 6.25 77.00 80.00
    September
 4.24 3.84 2.34 7.58 24.10 23.00 5.55 87.00 90.00
    October
 2.66 3.79 2.38 6.83 24.00 22.70 5.55 91.00 100.00
    November
 2.56 3.56 2.21 6.80 22.90 21.10 5.55 105.00 110.00
    December
 2.59 3.77 2.25 6.88 22.00 19.50 5.75 116.00 120.00
1997     
    January
 2.64 3.47 2.19 7.13 21.40 19.40 5.40 132.00 135.00
    February
 2.66 3.20 2.33 7.44 20.10 18.30 5.35 118.00 120.00
    March
 2.91 3.43 2.45 8.06 20.60 18.80 5.35 123.00 125.00
    April
 2.90 3.73 2.49 8.26 20.90 17.30 6.10 115.00 120.00
    May
 2.86 3.44 2.41 8.62 18.90 16.80 -- 118.00 125.00
    June
 2.64 3.00 2.42 8.33 18.50 16.50 -- -- --
    July
 2.63 -- -- 7.35 17.30 15.90 -- -- --
    August
 2.68 -- -- 7.51 15.60 14.50 -- -- --
    September
 2.66 -- -- -- -- -- -- -- --
    Marketing year 1997, monthly
1997 Dollars
    June
 -- -- -- -- -- -- -- 108.00 110.00
    July
 -- 3.20 2.01 -- -- -- 8.05 83.00 85.00
    August
 -- 3.40 1.83 -- -- -- 6.70 98.00 100.00
    September
 -- 3.46 1.72 6.89 14.70 13.10 5.85 103.00 105.00
    October
 2.71 3.40 2.02 6.62 16.70 12.20 6.10 100.00 105.00
    November
 2.46 3.54 1.63 6.74 18.90 12.20 6.15 109.00 110.00
    December
 2.44 2.93 1.79 6.54 20.80 12.70 6.25 104.00 105.00
1998
    January
 2.48 3.10 1.79 6.54 20.90 13.70 6.45 108.00 110.00
    February
 2.45 3.07 1.91 6.36 20.10 14.50 6.55 102.00 105.00
    March
 2.47 3.06 1.98 6.40 18.80 14.10 6.80 98.00 100.00
    April
 2.32 2.77 1.89 6.12 20.00 13.50 7.35 99.00 100.00
    May
 2.25 2.59 1.90 6.14 18.80 14.00 7.95 101.00 105.00
    June
 93.00 95.00
    July
    August
    September
1 Preliminary prices.

Table 2.5 Livestock prices received by farmers:
Marketing years 1993-97
Marketing year
average 		All hogs per cwt. Beef cattle per cwt. 1 Cows per cwt. 2 Steers and heifers 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
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
1997
 53.10 50.80 35.80 60.60 1,090 54.00 0.560 13.60
Marketing year 1997, monthly
1996 Dollars
    December
 55.40 -- -- -- -- -- 0.820 --
1997
    January
 56.00 51.10 30.90 59.70 1,090 48.00 0.540 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
 58.00 51.70 38.90 60.20 -- 55.00 0.410 12.80
    July
 57.00 53.30 38.00 59.80 1,070 54.00 0.540 12.40
    August
 54.70 52.10 38.10 61.50 -- 53.10 0.460 12.80
    September
 50.60 51.40 37.40 60.70 -- 57.00 0.590 13.30
    October
 47.30 48.70 35.50 61.80 1,080 56.40 0.490 14.10
    November
 46.00 44.90 31.10 58.60 -- 54.00 0.730 14.90
    December
 -- 47.60 32.60 57.60 -- 53.00 -- 14.70
    Marketing year 1998, monthly
1997 Dollars
    December
 41.90 47.60 32.60 57.60 -- 53.00 0.660 14.70
1998
    January
 36.40 48.60 34.70 57.80 1,080 52.00 0.570 14.70
    February
 36.30 50.20 34.40 60.80 -- 55.00 0.440 15.10
    March
 36.50 50.30 37.30 59.00 -- 55.00 0.570 14.80
    April
 36.50 47.80 37.20 54.90 1,110 55.00 0.440 14.50
    May
 42.20 48.50 36.50 53.60 55.00 0.410 13.80
    June
    July
    August
    September
    October
    November
    December
1 Combined price for "Cows" and "Steers and Heifers."
2 Cull dairy cows sold for slaughter.
3 Sold for dairy herd replacement only. Prices published January, April, July, and October.

Monthly Farm Marketings

Table 2.6 Beans, dry
Month 1992 1993 1994 1995 1996
Percent
September
 22 12 24 26 6
October
 28 25 30 11 32
November
 8 7 8 8 8
December
 5 11 8 8 6
January
 4 6 12 7 15
February
 4 8 2 5 6
March
 7 3 2 6 3
April
 5 5 7 5 6
May
 7 10 2 10 3
June
 4 6 2 7 7
July
 3 3 1 4 5
August
 3 4 2 3 3

Table 2.7 Corn
Month 1992 1993 1994 1995 1996
Percent
October
 3 5 3 18 5
November
 7 25 18 19 22
December
 22 16 14 13 12
January
 18 12 14 20 15
February
 13 8 6 10 9
March
 6 6 6 6 6
April
 4 4 5 7 5
May
 5 5 5 3 3
June
 4 7 11 1 5
July
 5 5 7 1 6
August
 9 4 7 1 6
September
 4 3 4 1 6

Table 2.8 Hay
Month 1992 1993 1994 1995 1996
Percent
June
 14 11 11 12 11
July
 11 10 10 9 9
August
 10 9 9 6 6
September
 3 6 6 3 3
October
 6 6 6 6 6
November
 9 6 6 4 4
December
 11 6 6 7 7
January
 11 10 10 8 8
February
 8 9 9 14 14
March
8 12 12 15 15
April
6 8 8 12 12
May
 3 7 7 4 5

Table 2.9 Oats
Month 1992 1993 1994 1995 1996
Percent
July
 6 7 8 4 11
August
 20 44 50 39 33
September
 26 11 7 4 10
October
 13 6 3 6 4
November
 6 6 2 5 1
December
 4 3 3 1 2
January
 4 6 5 12 3
February
 5 3 4 8 6
March
 5 4 3 3 5
April
 3 3 9 6 5
May
 4 2 3 8 5
June
 4 5 3 4 15

Table 2.10 Soybeans
Month 1992 1993 1994 1995 1996
Percent
September
 1 -- 2 9 2
October
 28 39 26 41 34
November
 16 15 20 8 15
December
 21 9 9 7 8
January
 11 6 12 14 15
February
 6 5 8 6 6
March
 4 4 5 4 6
April
 3 4 4 5 4
May
 3 7 4 3 2
June
 3 4 4 1 1
July
 3 3 3 1 4
August
 1 4 3 1 3

Table 2.11 Wheat
Month 1992 1993 1994 1995 1996
Percent
July
 20 28 29 38 27
August
 39 24 29 26 39
September
 9 8 12 5 8
October
 7 9 5 7 3
November
 4 5 2 8 1
December
 2 11 7 3 3
January
 6 8 7 6 7
February
 5 3 3 5 3
March
 4 1 2 1 4
April
 2 1 1 1 4
May
 1 1 1 -- 1
June
 1 1 2 -- --

Table 2.12 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 1994 1995 1996 1997 1998
Dollars
Dairy feed, 16% protein, ton 1
 188.00 172.00 226.00 212.00 190.00
Hog concentrate, 38-40% protein, ton 1
 316.00 287.00 339.00 393.00 300.00
Soybean meal, 44% protein, cwt. 1
 12.30 10.10 14.40 16.40 11.50
Gasoline, unleaded, bulk, gallon 1
 1.09 1.16 1.32 1.30 1.16
Diesel fuel, gallon 1
 0.83 0.83 0.98 0.91 0.79
Tractors: 110-129 hp, each 2
 53,600.00 54,000.00 55,400.00 57,400.00 59,500.00
                     200-280 hp, 4-wd., each 2
 96,100.00 98,700.00 100,000.00.. 111,000.00.. 116,000.00
Corn planter, 4-row, each 2
 12,300.00 12,400.00 13,700.00 13,300.00 14,200.00
Grain drill, 15-17 openers, each 2
 7,750.00 8,830.00 8,640.00 10,200.00 10,600.00
Fertilizer:    Grade 6-24-24, ton 3
 225.00 218.00 232.00 225.00 228.00
                        Grade 10-34-0, ton 3
 225.00 246.00 252.00 251.00 254.00
                        Grade 18-46-0, ton 3
 225.00 262.00 297.00 277.00 266.00
Anhydrous ammonia, ton 3
 246.00 335.00 309.00 314.00 256.00
2,4-D, 4 lb/gal EC, gallon 2
 13.50 14.20 14.80 14.90 14.90
Lasso, 4 lb/gal EC, gallon 2
 25.90 28.10 28.70 25.30 25.70
Bladex, 4 lb/gal liquid, gallon 2
 26.20 28.30 29.40 30.00 31.60
Dual, 8 lb/gal EC, gallon 2
 62.80 67.70 69.40 69.50 72.60
Treflan, 4 lb/gal EC, gallon 2
 32.50 32.80 32.60 31.40 29.90
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 2.13 Farm production expenses: Michigan
Item 1993 1994 1995 1996 1997
Million dollars
Feed purchased
344.9 371.0 372.9 360.3 383.6
Livestock and poultry purchased
 92.0 81.1 47.2 37.5 38.5
Seed purchased
184.0 198.6 183.5 200.9 220.7
Fertilizers and lime
 225.6 269.9 266.7 269.4 293.8
Pesticides
 184.5 198.4 199.3 215.6 237.8
Petroleum fuel and oils
134.3 136.7 128.3 139.9 146.9
Electricity
 52.1 52.6 51.5 51.1 50.4
Repair and maintenance of capital items
241.9 247.8 242.9 279.3 282.5
Machine hire and customwork
65.2 74.8 73.3 61.2 70.1
Contract and hired labor expenses
 435.4 451.4 416.8 470.7 500.7
Marketing, storage, and transportation expenses
96.5 128.3 125.2 107.2 112.8
Capital consumption
 501.4 517.2 545.5 552.5 546.4
Real estate and nonreal estate interest
191.6 218.9 230.1 246.2 257.7
Property taxes
314.0 178.0 184.5 186.2 190.9
Net rent received by nonoperator landlords
 40.0 41.5 48.0 60.5 64.0
Motor vehicle registration and licensing fees
 7.2 7.8 8.4 8.1 11.6
Miscellaneous expenses
 341.7 358.9 380.5 327.6 402.8
Total production expenses
 3,452.4 3,532.8 3,504.5 3,574.2 3,811.2