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Economic Indicators of the Farm Sector: State Income and Balance Sheet Statistics, 1983

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  • National Economics Division, Economic Research Service

Abstract

Crop production in 1983, especially from spring-planted crops, dropped as the summer drought reduced yields and Government programs curbed planted acreage. Farmers in such key feed grain States as Indiana, Illinois, and Iowa received record-high net cash income because the 49-percent lower corn production enabled them to sell off previously burdensome stocks. The leading States in farm cash receipts for major commodities and livestock were: Texas, cattle and calves, $4.2 billion; Wisconsin, dairy products, $3.1 billion; Illinois, corn, $3.5 billion; Iowa, hogs, $2.6 billion; Illinois and Iowa, soybeans, $1.9 billion each; Kansas, wheat, $1.4 billion; and Arkansas, broilers, $729 million.

Suggested Citation

  • National Economics Division, Economic Research Service, 1985. "Economic Indicators of the Farm Sector: State Income and Balance Sheet Statistics, 1983," Miscellaneous Publications 352111, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersmp:352111
    DOI: 10.22004/ag.econ.352111
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