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U.S. farm production expenditures totaled $210.7 billion in 2004, up 5.1 percent from the revised 2003 total of $200.5 billion. The largest contributors to the increase were tractors and self-propelled farm machinery up 24.3 percent; fuels, up 19.4 percent; fertilizer, up 14.0 percent; feed, up 9.1% and labor up, 5.5 percent. Farm services and interest were the only expenditure categories to show a decrease being down 2.2 and 4.3 percent, respectively. The rent expenditure was unchanged from the previous year. The largest two expenditure categories were feed, which accounted for 14.2 percent of the U.S. total production expenses and farm services which accounted for 12.5 percent of the U.S. total production expenses. The farm services category includes expense items such as custom work, utilities, marketing charges, veterinary services, transportation costs, and miscellaneous business expenses.
The average expenditures per U.S. farm in 2004 were $99,983 compared to $94,542 as revised for 2003. On the average, U.S. farm operations in 2004 spent $14,236 on feed; $12,480 on farm services; $10,914 on labor; $9,016 on livestock and poultry purchases; and $7,782 on rent. Revised estimates for 2003 indicated U.S. farms spent an average of $12,967 on feed; $12,684 on farm services; $10,279 on labor; $8,723 on livestock and poultry purchases; and $7,733 on rent.
Production Expenditures: Major Input Items, Livestock and Crop Farms, U.S., 2003-20041/ |
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|
Crop Farms |
Livestock Farms |
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Expenditure - Farm Share |
Average/Farm |
Total |
Average/Farm |
Total |
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|
2003 |
2004 |
2003 |
2004 |
2003 |
2004 |
2003 |
2004 |
|
------Dollars------- |
-----$Million----- |
-------Dollars------- |
-----$Million----- |
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Total Farm Prod. Expenditure2/3/ |
120,748 |
117,883 |
102,950 |
105,790 |
76,923 |
86,707 |
97,550 |
104,910 |
Livestock, Poultry, Related Exp4/ |
2,170 |
2,229 |
1,850 |
2,000 |
13,129 |
14,050 |
16,650 |
17,000 |
Feed |
1,935 |
2,061 |
1,650 |
1,850 |
20,384 |
23,266 |
25,850 |
28,150 |
Farm Services5/ |
17,429 |
15,857 |
14,860 |
14,230 |
9,494 |
9,976 |
12,040 |
12,070 |
Rent6/ |
15,541 |
14,040 |
13,250 |
12,600 |
2,484 |
3,141 |
3,150 |
3,800 |
Agricultural Chemicals7/ |
8,562 |
8,179 |
7,300 |
7,340 |
867 |
959 |
1,100 |
1,160 |
Fertilizer, Lime, Soil Conditioner7/ |
9,195 |
9,917 |
7,840 |
8,900 |
1,703 |
2,066 |
2,160 |
2,500 |
Interest |
5,536 |
4,925 |
4,720 |
4,420 |
3,612 |
3,703 |
4,580 |
4,480 |
Taxes (Real Estate & Property) |
4,281 |
4,357 |
3,650 |
3,910 |
2,484 |
2,554 |
3,150 |
3,090 |
Labor |
17,945 |
17,829 |
15,300 |
16,000 |
5,126 |
5,785 |
6,500 |
7,000 |
Fuels |
4,656 |
5,271 |
3,970 |
4,730 |
2,153 |
2,703 |
2,730 |
3,270 |
Farm Supplies & Repairs8/ |
7,495 |
7,187 |
6,390 |
6,450 |
3,635 |
4,256 |
4,610 |
5,150 |
Farm Improvements & Construction9/ 10/ |
6,322 |
6,017 |
5,390 |
5,400 |
5,055 |
5,951 |
6,410 |
7,200 |
Tractors/Self-Propelled Machinery |
4,516 |
5,572 |
3,850 |
5,000 |
2,484 |
3,058 |
3,150 |
3,700 |
Other Farm Machinery |
2,440 |
2,463 |
2,080 |
2,210 |
1,435 |
1,727 |
1,820 |
2,090 |
Seeds & Plants11/ |
9,711 |
9,137 |
8,280 |
8,200 |
883 |
1,074 |
1,120 |
1,300 |
Trucks & Autos |
2,522 |
2,340 |
2,150 |
2,100 |
1,853 |
2,232 |
2,350 |
2,700 |
See footnotes on bottom of back page. |
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Production Expenditures: Major Input Items, Total Expenditures, West Region and U. S., 2003-20041/ |
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West Region14/ |
United States1/ |
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Expenditure - Farm Share |
2003 |
2004 |
2003 |
2004 |
|
--------------Million Dollars--------- |
-----------Million Dollars----------- |
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Total Farm Prod. Expenditure2/3/ |
48,380 |
47,660 |
200,500 |
210,700 |
Livestock, Poultry, Related Exp4/ |
3,050 |
2,960 |
18,500 |
19,000 |
Feed |
5,500 |
5,600 |
27,500 |
30,000 |
Farm Services5/ |
8,830 |
8,080 |
26,900 |
26,300 |
Rent6/ |
3,040 |
2,900 |
16,400 |
16,400 |
Agricultural Chemicals7/ |
1,770 |
1,650 |
8,400 |
8,500 |
Fertilizer, Lime, Soil Conditioner7/ |
1,750 |
1,900 |
10,000 |
11,400 |
Interest |
2,200 |
2,020 |
9,300 |
8,900 |
Taxes (Real Estate & Property) |
1,240 |
1,300 |
6,800 |
7,000 |
Labor |
9,970 |
10,270 |
21,800 |
23,000 |
Fuels |
1,370 |
1,610 |
6,700 |
8,000 |
Farm Supplies & Repairs8/ |
2,770 |
2,550 |
11,000 |
11,600 |
Farm Improvements & Construction9/ 10/ |
2,830 |
2,680 |
11,800 |
12,600 |
Tractors/Self-Propelled Machinery |
1,020 |
1,180 |
7,000 |
8,700 |
Other Farm Machinery |
430 |
480 |
3,900 |
4,300 |
Seeds & Plants 11/ |
1,720 |
1,580 |
9,400 |
9,500 |
Trucks & Autos |
740 |
780 |
4,500 |
4,800 |
See footnotes below. |
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Production Expenditures: Major Input Items, Farms Reporting, Average Per Farm, Mountain Region and U.S., 2003-2004 |
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|
West Region 14/ |
United States 1/ |
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Expenditure - Farm Share |
Farms Reporting12/ |
Average Per Farm13/ |
Farms Reporting12/ |
Average Per Farm13/ |
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|
2003 |
2004 |
2003 |
2004 |
2003 |
2004 |
2003 |
2004 |
|
-------Percent------ |
------Dollars------ |
------Percent------ |
------Dollars------ |
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Total Farm Prod. Expenditure2/3/ |
100.0 |
100.0 |
114,969 |
111,558 |
100.0 |
100.0 |
94,542 |
99,983 |
Livestock, Poultry, Related Exp4/ |
33.1 |
31.2 |
12,298 |
11,949 |
30.6 |
25.7 |
8,723 |
9,016 |
Feed |
62.1 |
62.0 |
15,637 |
16,080 |
65.1 |
62.2 |
12,967 |
14,236 |
Farm Services5/ |
97.7 |
95.4 |
19,087 |
16,862 |
95.4 |
95.7 |
12,684 |
12,480 |
Rent6/ |
36.0 |
36.1 |
7,457 |
7,370 |
30.7 |
31.5 |
7,733 |
7,782 |
Agricultural Chemicals7/ |
44.4 |
42.0 |
3,116 |
2,903 |
48.4 |
48.8 |
3,961 |
4,034 |
Fertilizer, Lime, Soil Conditioner7/ |
44.4 |
36.5 |
4,062 |
4,299 |
58.3 |
57.8 |
4,715 |
5,410 |
Interest |
42.7 |
44.3 |
5,676 |
5,528 |
42.2 |
39.7 |
4,385 |
4,223 |
Taxes (Real Estate & Property) |
99.0 |
96.7 |
2,894 |
2,959 |
98.8 |
98.8 |
3,206 |
3,322 |
Labor |
37.5 |
34.5 |
13,689 |
13,400 |
34.5 |
34.6 |
10,279 |
10,914 |
Fuels |
80.6 |
81.7 |
3,895 |
4,634 |
84.5 |
85.6 |
3,159 |
3,796 |
Farm Supplies & Repairs8/ |
84.2 |
82.1 |
6,845 |
6,533 |
84.6 |
84.8 |
5,187 |
5,505 |
Farm Improvements & Construction9/ 10/ |
57.5 |
55.6 |
9,349 |
8,096 |
57.2 |
59.5 |
5,564 |
5,979 |
Tractors/Self-Propelled Machinery |
12.4 |
13.8 |
3,172 |
3,741 |
22.4 |
23.3 |
3,301 |
4,128 |
Other Farm Machinery |
16.3 |
19.3 |
1,503 |
1,731 |
27.6 |
28.2 |
1,839 |
2,040 |
Seeds & Plants11/ |
31.9 |
31.1 |
3,673 |
2,792 |
45.7 |
45.7 |
4,432 |
4,508 |
Trucks & Autos |
16.1 |
19.4 |
2,226 |
2,457 |
24.4 |
24.2 |
2,122 |
2,278 |
Footnotes: 1/Excludes AK and HI. 2/Total includes production costs not allocated to any of the 16 expense categories published. 3/Includes landlord and contractor share of farm production expenses. 4/Includes purchases and leasing of livestock and poultry. 5/Includes all crop custom work, veterinary services, custom feeding, transportation costs, marketing charges, insurance, leasing of machinery and equipment, miscellaneous business expenses, and utilities. 6/Includes public and private grazing fees. 7/Includes material and application costs. 8/Includes bedding and litter, marketing containers, power farm shop equipment, miscellaneous non-capital equipment and supplies, repairs and maintenance of livestock and poultry equipment, and capital equipment for livestock and poultry. 9/Includes all expenditures related to new construction or repairs of buildings and fences, operator dwelling (if dwelling is owned by operation) and any improvements to physical structures of land. 10/Changed to include operator dwelling expenses (if dwelling is owned by operation) in 2003. 11/Excludes bedding plants, nursery stock, and seed purchased for resale. Includes seed treatment. 12/Number of farms reporting item divided by total number of farms. 13/Total expenditures divided by total number of farms. 14/West Region consists of the following States: AZ, CA, CO, ID, MT, NM, NV, OR, UT, WA, WY. For the complete report go to www.usda.gov/nass ‘site search’ for Farm Production and Expenditures. |
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