Table D1. Implications of Incorporating Weather Risk from the 1980's Under
Alternative Farm Policies, on Representative Feed Grain Farms in Iowa.
__________________________________________________________________________________________________________________
Baseline Mkt Loan No Prog Baseline Mkt Loan No Prog
IAG760 IAG760 IAG760 IAG1500 IAG1500 IAG1500
__________________________________________________________________________________________________________________
Probability of Lower
Real Equity (%) 73 80 97 0 3 8
Change in Real Net Worth 1995-2003 (%)
Mean -11.49 -24.3 -53.53 58.81 45.58 19.38
Std. Dev. 13.99 22.78 34.53 12.11 18.81 22.1
Coef. Var. (%) -121.78 -93.75 -64.52 20.59 41.27 114.04
Minimum -53.61 -120.22 -184.11 28.47 -2.76 -40.47
Maximum 31.04 39.13 19.55 94.17 100.3 80.65
Net Cash Income in 1995 ($1,000)
Mean 50.32 50.32 50.32 113.96 113.96 113.96
Std. Dev. 0 0 0 0 0 0
Coef. Var. (%) 0 0 0 0 0 0
Minimum 50.32 50.32 50.32 113.96 113.96 113.96
Maximum 50.32 50.32 50.32 113.96 113.96 113.96
Net Cash Income in 1996 ($1,000)
Mean 76.62 92.46 71.4 142.5 161.51 132.14
Std. Dev. 31.59 43.98 45.93 41.33 59.69 60.47
Coef. Var. (%) 41.22 47.56 64.34 29 36.96 45.77
Minimum 18.59 6.39 -14.36 67.8 45.96 25
Maximum 139.32 172.06 152.12 227.53 269.08 240.67
Net Cash Income in 1997 ($1,000)
Mean 47.79 52.41 29.55 113.69 114.87 83.51
Std. Dev. 25.28 39.92 42.5 33.31 54.42 55.78
Coef. Var. (%) 52.89 76.17 143.84 29.3 47.37 66.79
Minimum -3.15 -23.84 -48.34 46.85 11.15 -16.42
Maximum 120.27 148.36 126.81 212.69 248.83 217.99
Net Cash Income in 1998 ($1,000)
Mean 44.8 42.96 26.53 119.74 112.16 84.58
Std. Dev. 31.07 36.03 39.71 40.5 48.33 50.92
Coef. Var. (%) 69.34 83.87 149.67 33.82 43.09 60.21
Minimum -2.31 -27.11 -49.38 58.88 18.27 -13.07
Maximum 152.17 121.78 106.44 264.17 215.56 191.97
Net Cash Income in 1999 ($1,000)
Mean 40.13 36.76 19.63 119.74 109.49 81.32
Std. Dev. 25.96 37.03 40.44 33.76 50.26 52.61
Coef. Var. (%) 64.68 100.74 205.99 28.19 45.9 64.69
Minimum -1.4 -24.21 -47.14 63.34 27.93 -3.66
Maximum 110.35 111.82 97.57 216.89 211.6 187.24
Net Cash Income in 2000 ($1,000)
Mean 50.84 41.38 27.21 141.86 123.12 98.18
Std. Dev. 34.75 38.11 41.8 46.04 51.85 54.15
Coef. Var. (%) 68.35 92.11 153.64 32.45 42.11 55.15
Minimum -0.94 -21.07 -39.22 72.52 39.08 13.06
Maximum 195.1 146.44 137.8 336.96 268.51 249.59
Net Cash Income in 2001 ($1,000)
Mean 56.97 45.65 34.03 152.3 131.53 111.82
Std. Dev. 39.14 45.23 48.66 51.63 61.06 63.75
Coef. Var. (%) 68.7 99.08 143.01 33.9 46.42 57.01
Minimum -5.38 -33.08 -48.25 67.6 20.14 2.48
Maximum 171.97 154.57 147.95 307.85 278.35 262.69
Net Cash Income in 2002 ($1,000)
Mean 50.05 34.87 28.01 150.71 122.03 106.35
Std. Dev. 33.79 38.87 42.58 45.1 52.51 54.91
Coef. Var. (%) 67.51 111.5 152.03 29.92 43.03 51.63
Minimum -5.13 -32.86 -36.89 80.69 33.41 15.72
Maximum 184.62 141.27 138.75 331.14 265.7 259.26
Net Cash Income in 2003 ($1,000)
Mean 59.33 43.8 39.36 156.76 129.26 117.29
Std. Dev. 43.08 44.53 48.01 57.81 59.86 63.01
Coef. Var. (%) 72.62 101.67 121.97 36.88 46.31 53.72
Minimum -21.81 -59.12 -67.35 53.16 -3.74 -20.78
Maximum 205.12 142.03 141.25 359.09 259.43 248.47
Annual Net Cash Farm Income, 1996-2003 ($1000)
Mean 53.32 48.78 34.46 137.16 125.5 101.9
Std. Dev. 11.73 16.2 17.8 15.33 21.82 23.16
Coef. Var. (%) 22 33.2 51.64 11.18 17.39 22.73
Minimum 23.28 7.7 -8.93 99.1 71.7 45.28
Maximum 89.37 98.64 86.87 181.06 188.59 169.69
__________________________________________________________________________________________________________________
Table D2. Implications of Incorporating Weather Risk from the 1980s Under
Alternative Farm Policies on Representative Feed Grain Farms in Missouri.
__________________________________________________________________________________________________________________
Baseline Mkt Loan No Prog Baseline Mkt Loan No Prog
MOG1250 MOG1250 MOG1250 MOG2400 MOG2400 MOG2400
__________________________________________________________________________________________________________________
Probability of Lower
Real Equity (%) 9 50 99 0 0 0
Change in Real Net Worth 1995-2003 (%)
Mean 5.06 -3.42 -21.07 48.35 40.75 30.61
Std. Dev. 5.78 7.16 9.61 7.74 7.53 9.01
Coef. Var. (%) 114.15 -209.73 -45.63 16.02 18.47 29.44
Minimum -9.11 -18.94 -47.26 33.11 25.31 7.37
Maximum 22.11 11.21 3.59 75.63 57 55.24
Net Cash Income in 1995 ($1,000)
Mean 61.6 61.6 61.6 161.58 161.58 161.58
Std. Dev. 0 0 0 0 0 0
Coef. Var. (%) 0 0 0 0 0 0
Minimum 61.6 61.6 61.6 161.58 161.58 161.58
Maximum 61.6 61.6 61.6 161.58 161.58 161.58
Net Cash Income in 1996 ($1,000)
Mean 87.65 101.25 84.69 214.85 245.21 227.61
Std. Dev. 17.61 24.89 29.88 35.25 48.53 62.47
Coef. Var. (%) 20.09 24.58 35.28 16.41 19.79 27.45
Minimum 48.41 48.94 31.13 136.41 142.59 118.16
Maximum 133.11 156.19 150.36 307.03 357.97 371.08
Net Cash Income in 1997 ($1,000)
Mean 74.41 69.48 41.46 194.43 188.76 147.8
Std. Dev. 23.54 21.11 25.13 46.99 40.61 51.64
Coef. Var. (%) 31.64 30.39 60.62 24.17 21.51 34.94
Minimum 41.01 28.7 -6.34 132.35 108.49 51.79
Maximum 160.87 124.61 106.53 369.49 306.7 288.97
Net Cash Income in 1998 ($1,000)
Mean 75.99 67.49 45.84 203.18 190.08 164.96
Std. Dev. 30.81 25.2 30.42 61.91 49.62 63.24
Coef. Var. (%) 40.54 37.34 66.37 30.47 26.1 38.34
Minimum 35.55 13.57 -15.03 114.42 81.98 35.54
Maximum 205.46 147.02 135.4 463.23 356.2 355.95
Net Cash Income in 1999 ($1,000)
Mean 80.45 69.98 44.25 216.76 199.92 166.31
Std. Dev. 26.54 21.97 26.7 52.6 43.15 55.37
Coef. Var. (%) 33 31.39 60.34 24.27 21.59 33.29
Minimum 34.69 27.46 0.25 122.56 116.94 79.5
Maximum 172.83 132.25 101.75 397.05 327.69 292.19
Net Cash Income in 2000 ($1,000)
Mean 84.22 69.75 51.69 242.87 217.89 205.28
Std. Dev. 27.06 24.01 31.19 56.78 48.65 63.71
Coef. Var. (%) 32.13 34.42 60.33 23.38 22.33 31.04
Minimum 44.63 8.95 -12.32 144.72 76.34 57.62
Maximum 195.76 128.97 114.38 483.57 346.14 330.39
Net Cash Income in 2001 ($1,000)
Mean 91.52 74.96 58.65 261.74 231.95 221.46
Std. Dev. 30.45 25.1 28.89 63.5 51.46 60.82
Coef. Var. (%) 33.27 33.48 49.26 24.26 22.19 27.46
Minimum 34.54 21.12 7.96 130.56 126.01 123.46
Maximum 208.63 145.04 122.97 481.78 381.29 362.93
Net Cash Income in 2002 ($1,000)
Mean 86.75 64.87 52.81 269.02 231.03 230.6
Std. Dev. 35.07 30.63 30.25 73.7 60.82 64.1
Coef. Var. (%) 40.42 47.22 57.28 27.4 26.32 27.8
Minimum 35.3 17.91 0.51 165.68 127.02 119.84
Maximum 257.25 158.24 142.56 617.11 433.88 439.47
Net Cash Income in 2003 ($1,000)
Mean 88.39 62.02 51.98 270.25 226.88 238.71
Std. Dev. 33.85 28.46 31.75 65.32 54.19 64.76
Coef. Var. (%) 38.3 45.88 61.08 24.17 23.89 27.13
Minimum 27.9 3.35 -12.74 142.64 108.24 116.62
Maximum 209.82 147.24 138.91 497.25 405.17 437.92
Annual Net Cash Farm Income, 1996-2003 ($1000)
Mean 83.67 72.47 53.92 234.14 216.47 200.34
Std. Dev. 11.03 11.82 13.16 22.37 22.58 27.14
Coef. Var. (%) 13.19 16.31 24.4 9.55 10.43 13.55
Minimum 60.23 45.75 18.45 187.45 168.42 131.71
Maximum 120.31 95.7 89.11 305.39 262.2 272.38
__________________________________________________________________________________________________________________
Table D3. Implications of Incorporating Weather Risk from the 1980s Under
Alternative Farm Policies on Representative Feed Grain Farms in Nebraska.
__________________________________________________________________________________________________________________
Baseline Mkt Loan No Prog Baseline Mkt Loan No Prog
NEG800 NEG800 NEG800 NEG1575 NEG1575 NEG1575
__________________________________________________________________________________________________________________
Probability of Lower
Real Equity (%) 79 88 100 3 27 64
Change in Real Net Worth 1995-2003 (%)
Mean -7.23 -13.28 -30.42 12.52 4.79 -12.85
Std. Dev. 4.66 8.14 9.22 7.62 15.88 17.44
Coef. Var. (%) -64.42 -61.25 -30.29 60.87 331.56 -135.76
Minimum -18.53 -30.22 -49.1 -8.26 -33.31 -53.76
Maximum 4.5 7.68 -6.62 34.73 44.75 31.51
Net Cash Income in 1995 ($1,000)
Mean 62.58 62.58 62.58 162.07 162.07 162.07
Std. Dev. 1.07 1.07 1.07 0 0 0
Coef. Var. (%) 1.72 1.72 1.72 0 0 0
Minimum 60.95 60.95 60.95 162.07 162.07 162.07
Maximum 64.18 64.18 64.18 162.07 162.07 162.07
Net Cash Income in 1996 ($1,000)
Mean 96.23 131.83 93.23 238.81 291.09 209.61
Std. Dev. 20.3 35.89 36.53 85.71 148.41 146.14
Coef. Var. (%) 21.1 27.23 39.18 35.89 50.98 69.72
Minimum 57.56 37.54 -5.49 93.96 17.48 -55.78
Maximum 148.8 211.03 171.71 447.21 590.19 498.39
Net Cash Income in 1997 ($1,000)
Mean 56.29 65.5 27.64 184.77 199.06 120.61
Std. Dev. 14 32.07 35.6 66.82 127.94 132.17
Coef. Var. (%) 24.88 48.96 128.82 36.17 64.27 109.59
Minimum 17.03 -9.51 -54.94 66.54 -26.07 -109.24
Maximum 100.65 127.52 95.09 327.7 447.79 371.38
Net Cash Income in 1998 ($1,000)
Mean 55.2 50.79 25.15 166.76 162.4 113.01
Std. Dev. 26.94 33.54 36.84 93.07 136.77 146.93
Coef. Var. (%) 48.81 66.03 146.51 55.81 84.22 130.02
Minimum 13.44 -28.54 -64.45 42.62 -61.3 -124.39
Maximum 135.86 120.21 100.07 469.42 411.47 363.6
Net Cash Income in 1999 ($1,000)
Mean 51.47 49.24 18.53 162.19 153.28 89.18
Std. Dev. 22.4 34.61 36.85 87.59 141.75 144.71
Coef. Var. (%) 43.52 70.29 198.87 54.01 92.48 162.26
Minimum 17.24 -27.27 -62.51 22.25 -87.75 -161.25
Maximum 126.57 116.05 83.47 474.8 429.21 364.92
Net Cash Income in 2000 ($1,000)
Mean 62.99 53.39 35.75 176.62 153.65 108.22
Std. Dev. 29.76 35.59 39.17 88.18 135.77 143.08
Coef. Var. (%) 47.24 66.66 109.56 49.93 88.36 132.21
Minimum 10.64 -22.79 -47.66 24.92 -100.44 -160.54
Maximum 167.3 132.67 113.98 500.31 435.99 402.8
Net Cash Income in 2001 ($1,000)
Mean 68.92 55.75 37.63 209.72 198.95 156.08
Std. Dev. 27.64 39.38 42.54 87.18 137.86 141.41
Coef. Var. (%) 40.11 70.63 113.04 41.57 69.29 90.6
Minimum 15.4 -40.38 -62.52 15.24 -119.72 -151.41
Maximum 147.85 141.49 130.99 458.08 456.43 416.56
Net Cash Income in 2002 ($1,000)
Mean 65.01 45.87 28.21 208.15 173.29 134.62
Std. Dev. 31.81 42.64 44.93 100.29 156.19 162.84
Coef. Var. (%) 48.92 92.96 159.28 48.18 90.13 120.96
Minimum 3.54 -49.11 -72.47 39.86 -101.52 -161.68
Maximum 192.64 136.68 121.91 488.21 483.18 472.01
Net Cash Income in 2003 ($1,000)
Mean 59.46 37.34 25.22 193.72 142.94 109.28
Std. Dev. 28.61 38.69 40.07 93.16 141.47 148.16
Coef. Var. (%) 48.12 103.6 158.85 48.09 98.98 135.57
Minimum 5.34 -50.28 -60.99 8.64 -152.98 -201.52
Maximum 169.06 128.4 116.89 521.6 431.96 407.74
Annual Net Cash Farm Income, 1996-2003 ($1000)
Mean 64.45 61.21 36.42 192.59 184.33 130.08
Std. Dev. 9.32 14.9 15.4 39.24 69.9 71.59
Coef. Var. (%) 14.45 24.34 42.29 20.37 37.92 55.03
Minimum 43.34 34.69 5.68 97.43 23.84 -35.58
Maximum 88.59 100.59 73.77 307.4 368.57 320.79
__________________________________________________________________________________________________________________
Table D4. Implications of Incorporating Weather Risk from the 1980s Under
Alternative Farm Policies on Representative Feed Grain Farms in the
Texas Northern High Plains.
__________________________________________________________________________________________________________________
Baseline Mkt Loan No Prog Baseline Mkt Loan No Prog
TXNP1600 TXNP1600 TXNP1600 TXNP4500 TXNP4500 TXNP4500
__________________________________________________________________________________________________________________
Probability of Lower
Real Equity (%) 96 91 99 1 12 80
Change in Real Net Worth 1995-2003 (%)
Mean -26.57 -43.43 -100 42.15 31.25 -46.64
Std. Dev. 16.13 36.51 56.99 17.93 35.53 50.92
Coef. Var. (%) -60.69 -84.05 -43.65 42.55 113.67 -109.19
Minimum -71.84 -163.1 -264.81 -12.37 -67.04 -223.21
Maximum 24.83 58.82 20.33 101.73 148.75 94.55
Net Cash Income in 1995 ($1,000)
Mean 70.73 70.73 70.73 227.42 227.42 227.42
Std. Dev. 0 0 0 0 0 0
Coef. Var. (%) 0 0 0 0 0 0
Minimum 70.73 70.73 70.73 227.42 227.42 227.42
Maximum 70.73 70.73 70.73 227.42 227.42 227.42
Net Cash Income in 1996 ($1,000)
Mean 94.22 116.65 63.09 277.76 331.92 198.49
Std. Dev. 33.06 60.76 58.23 85.75 153.89 146.53
Coef. Var. (%) 35.09 52.09 92.3 30.87 46.36 73.82
Minimum 23.94 2.93 -43.63 79.78 31.95 -77.17
Maximum 174.91 244.37 184.61 476.14 642.73 494.12
Net Cash Income in 1997 ($1,000)
Mean 68.07 70.91 16.52 216.35 221.29 85.19
Std. Dev. 28.8 56.05 56.02 79.16 144.54 143.15
Coef. Var. (%) 42.31 79.04 339.18 36.59 65.32 168.05
Minimum 3.52 -40.99 -93.36 34.35 -72.27 -202.41
Maximum 130.06 185.14 128.46 378.39 512.71 371.66
Net Cash Income in 1998 ($1,000)
Mean 64.47 62.07 14.21 224.28 219.24 96.57
Std. Dev. 29.44 50.56 51.98 75.62 128.57 130.02
Coef. Var. (%) 45.66 81.46 365.75 33.72 58.65 134.63
Minimum -5.94 -52.97 -98.92 29.64 -89.21 -201.69
Maximum 170.62 165.06 117.35 467.02 480.24 362.89
Net Cash Income in 1999 ($1,000)
Mean 59.22 54.91 0.18 228.12 219.04 79.48
Std. Dev. 26.7 50.24 50.82 69.3 127.24 126.37
Coef. Var. (%) 45.08 91.48 27604.64 30.38 58.09 158.99
Minimum 0.29 -53.18 -106.1 77.55 -59.14 -187.17
Maximum 132.85 183.9 134.03 413.32 549.77 411.91
Net Cash Income in 2000 ($1,000)
Mean 57.84 46.28 -4.18 231.24 202.97 75.13
Std. Dev. 27.82 52.9 54.3 74.13 134.29 136.49
Coef. Var. (%) 48.1 114.29 -1299.23 32.06 66.16 181.68
Minimum -8.77 -63.4 -116.28 40.42 -101.39 -225.93
Maximum 127.5 159.54 112.05 400.58 487.32 364.64
Net Cash Income in 2001 ($1,000)
Mean 59.79 48.88 2.7 251.62 224.53 94.33
Std. Dev. 32.96 58.78 56.75 86.15 148.99 148.46
Coef. Var. (%) 55.13 120.25 2103.78 34.24 66.36 157.38
Minimum -16.08 -81.89 -112.12 40.06 -110.17 -245.27
Maximum 132.68 168.81 126.2 436.33 522.95 408.18
Net Cash Income in 2002 ($1,000)
Mean 45.69 25.96 -15.2 246.95 196.28 66.13
Std. Dev. 36.55 63.44 62.55 97.36 161.54 162.88
Coef. Var. (%) 80.01 244.35 -411.58 39.42 82.3 246.32
Minimum -37.65 -115.58 -139.36 15.99 -172.88 -318.92
Maximum 139.07 181.63 137.71 482.71 562.97 456.43
Net Cash Income in 2003 ($1,000)
Mean 40.47 15.24 -20.14 240.36 175.81 53.64
Std. Dev. 35.82 58.8 58.91 97.38 152.82 151.59
Coef. Var. (%) 88.52 385.75 -292.48 40.52 86.92 282.61
Minimum -49.87 -102.37 -141.21 -4.8 -191.95 -266.67
Maximum 114.16 136.23 103.41 443.76 484.01 353.76
Annual Net Cash Farm Income, 1996-2003 ($1000)
Mean 61.22 55.12 7.15 239.59 223.89 93.62
Std. Dev. 15.78 28.47 25.24 40.74 71.97 72.11
Coef. Var. (%) 25.77 51.66 353.08 17.01 32.14 77.03
Minimum 20.17 -11.1 -48.72 125.7 37.52 -67.06
Maximum 118.42 162.12 116.45 374.57 465.7 364.33
__________________________________________________________________________________________________________________
Table D5. Implications of Incorporating Weather Risk from the 1980s Under
Alternative Farm Policies on Representative Feed Grain Farms in South Carolina.
__________________________________________________________________________________________________________________
Baseline Mkt Loan No Prog Baseline Mkt Loan No Prog
SCG1500 SCG1500 SCG1500 SCG3500 SCG3500 SCG3500
__________________________________________________________________________________________________________________
Probability of Lower
Real Equity (%) 34 52 94 1 4 39
Change in Real Net Worth 1995-2003 (%)
Mean 4.24 -7.43 -68.4 32.26 25.52 -4.51
Std. Dev. 24.34 34.81 52.89 14.79 20.12 22.23
Coef. Var. (%) 574.51 -468.2 -77.32 45.86 78.84 -492.41
Minimum -47.3 -109.42 -209.58 -6.62 -26.47 -60.43
Maximum 63.38 76.03 33.46 89.24 101.46 76.02
Net Cash Income in 1995 ($1,000)
Mean 118.32 118.32 118.32 358.88 358.88 358.88
Std. Dev. 0 0 0 0 0 0
Coef. Var. (%) 0 0 0 0 0 0
Minimum 118.32 118.32 118.32 358.88 358.88 358.88
Maximum 118.32 118.32 118.32 358.88 358.88 358.88
Net Cash Income in 1996 ($1,000)
Mean 174.51 224.98 158.38 530.68 624.93 498.51
Std. Dev. 95.46 117.35 113.2 251.69 297.94 289.72
Coef. Var. (%) 54.7 52.16 71.47 47.43 47.68 58.12
Minimum 12.64 -1.61 -53.68 24.53 -13.58 -138.98
Maximum 400.85 482.45 406.08 1094.49 1283.58 1128.95
Net Cash Income in 1997 ($1,000)
Mean 93.23 102.71 28.98 335.3 356.67 203.13
Std. Dev. 73.36 105.27 100.4 180.39 245.73 233.46
Coef. Var. (%) 78.69 102.49 346.44 53.8 68.9 114.93
Minimum -50.23 -102.12 -167.81 -11.69 -105.66 -220
Maximum 266.52 336.26 247.81 745.17 870.6 702.25
Net Cash Income in 1998 ($1,000)
Mean 88.72 89.77 21.51 323.21 312.56 176.53
Std. Dev. 77.23 101.37 99.35 186.54 219.22 217.01
Coef. Var. (%) 87.05 112.92 461.86 57.72 70.14 122.93
Minimum -34.57 -73.2 -141.12 -5.38 -125.75 -247.06
Maximum 293.32 380.98 309.8 780.88 812.22 662.88
Net Cash Income in 1999 ($1,000)
Mean 84.81 75.65 8.02 355.52 341.53 207.98
Std. Dev. 85.21 106.45 102.96 172.05 232.44 228.17
Coef. Var. (%) 100.46 140.72 1284.03 48.39 68.06 109.71
Minimum -45.8 -101.65 -158.69 -19.2 -162.49 -270.99
Maximum 368.21 371.83 290.57 784.48 887.73 729.36
Net Cash Income in 2000 ($1,000)
Mean 101.24 85.29 24.14 347.14 296.18 180.44
Std. Dev. 88.17 104.82 104.9 205.86 233.29 235.34
Coef. Var. (%) 87.08 122.9 434.54 59.3 78.77 130.42
Minimum -48.75 -102.23 -164.5 -31.51 -146.75 -255.8
Maximum 381.67 303.35 247.1 1120.58 873.27 770.64
Net Cash Income in 2001 ($1,000)
Mean 122.48 103.49 47.87 402.42 350.57 247.5
Std. Dev. 78.93 96.97 96.93 224.29 240.46 240.75
Coef. Var. (%) 64.45 93.7 202.49 55.74 68.59 97.27
Minimum -31.73 -75.37 -129.57 26.51 -128.28 -206.9
Maximum 379.13 367.31 314.74 1052.66 1084.82 973.23
Net Cash Income in 2002 ($1,000)
Mean 112.03 84.1 32.22 367.63 311.39 231.42
Std. Dev. 85.37 102.53 103.2 187.62 224.69 229.16
Coef. Var. (%) 76.21 121.91 320.34 51.04 72.16 99.02
Minimum -36.48 -91.58 -144.38 -10.75 -149.4 -208.84
Maximum 308.12 338.66 281.28 954.32 978.3 899.1
Net Cash Income in 2003 ($1,000)
Mean 87.25 49.65 6.27 371.27 301.17 232.14
Std. Dev. 91.87 105.21 106.01 183.45 223.54 228.02
Coef. Var. (%) 105.29 211.91 1689.37 49.41 74.23 98.22
Minimum -78.01 -156.78 -222.85 39.72 -83.17 -180.42
Maximum 413.73 336.09 287.18 825.06 815.23 717.59
Annual Net Cash Farm Income, 1996-2003 ($1000)
Mean 108.03 101.95 40.92 379.15 361.88 247.21
Std. Dev. 38.48 49.86 48.63 79.04 100.11 103.44
Coef. Var. (%) 35.62 48.91 118.83 20.85 27.66 41.84
Minimum 29.15 -5.54 -55.32 162.64 102.51 2.7
Maximum 202.09 221.38 164.04 688.32 754.97 648.87
__________________________________________________________________________________________________________________