Table D10. Implications of Incorporating Weather Risk from the 1980s Under
Alternative Farm Policies on Representative Cotton Farms in the Texas Southern Plains.
__________________________________________________________________________________________________________________
Baseline Mkt Loan No Prog Baseline Mkt Loan No Prog
TXSP1360 TXSP1360 TXSP1360 TXSP3334 TXSP3334 TXSP3334
__________________________________________________________________________________________________________________
Probability of Lower
Real Equity (%) 100 100 100 95 95 100
Change in Real Net Worth 1995-2003 (%)
Mean -100 -100 -100 -92.08 -100 -100
Std. Dev. 85.2 100.65 89.53 64.17 82.71 83.88
Coef. Var. (%) -41.95 -45.36 -23.81 -69.69 -72.47 -34.16
Minimum -440.41 -501.23 -616 -300.99 -347.09 -463.33
Maximum -42.98 -32.64 -148.34 13.1 17.23 -54.11
Net Cash Income in 1995 ($1,000)
Mean 29.65 29.65 29.65 67.74 67.74 67.74
Std. Dev. 0 0 0 0 0 0
Coef. Var. (%) 0 0 0 0 0 0
Minimum 29.65 29.65 29.65 67.74 67.74 67.74
Maximum 29.65 29.65 29.65 67.74 67.74 67.74
Net Cash Income in 1996 ($1,000)
Mean 34.85 30.72 5.97 86.91 72.8 5.33
Std. Dev. 44.19 56.3 50.42 128.21 169.28 151.16
Coef. Var. (%) 126.79 183.27 843.96 147.52 232.52 2835.5
Minimum -27.95 -52.76 -70.66 -97.15 -179.13 -225.44
Maximum 128.87 174.78 132.8 364.13 498.82 381.63
Net Cash Income in 1997 ($1,000)
Mean 26.21 27.73 -4.27 66.32 63.16 -23.59
Std. Dev. 44.58 59.52 51.29 137.49 176.47 152.54
Coef. Var. (%) 170.07 214.62 -1200.05 207.31 279.39 -646.5
Minimum -37.2 -60.33 -83.31 -119.03 -197.04 -257.79
Maximum 127.58 179.55 126.46 514.28 507.71 361.11
Net Cash Income in 1998 ($1,000)
Mean 19.35 17.41 -14.8 38.76 34.25 -54.57
Std. Dev. 41.9 57.45 51.03 121.46 169.23 152.22
Coef. Var. (%) 216.46 330.04 -344.72 313.36 494.05 -278.92
Minimum -41.4 -70.21 -98.72 -136.88 -224.83 -292.65
Maximum 112.05 152.77 109.59 315.43 424.68 315.49
Net Cash Income in 1999 ($1,000)
Mean 8.12 2.4 -24.82 9.63 -8.52 -90.28
Std. Dev. 40.06 52.65 46.95 116.7 154.29 140.11
Coef. Var. (%) 493.2 2196.71 -189.18 1211.36 -1810.85 -155.19
Minimum -51.05 -74.41 -96.6 -160.71 -240.49 -308.34
Maximum 92.69 146.24 113.83 273.03 434.4 301.52
Net Cash Income in 2000 ($1,000)
Mean -2.33 -4.56 -34.63 -17.46 -26.47 -123.02
Std. Dev. 39.42 52.88 47.98 110.53 150.66 132.01
Coef. Var. (%) -1694.72 -1159.14 -138.55 -633.11 -569.15 -107.31
Minimum -59.18 -80.55 -100.89 -176.48 -242.51 -300.37
Maximum 92.18 139.44 99.91 250.44 399.57 237.83
Net Cash Income in 2001 ($1,000)
Mean -7.36 -2.91 -23.98 -17.3 -15.11 -86.07
Std. Dev. 41.26 60.07 57.22 119.68 181.39 173.02
Coef. Var. (%) -560.96 -2063.88 -238.59 -691.97 -1200.8 -201.02
Minimum -65.03 -84.56 -96.27 -207.74 -279.6 -323.54
Maximum 82.65 137.95 106.79 251 410.97 291.56
Net Cash Income in 2002 ($1,000)
Mean -14.37 -11.19 -37.07 -37.59 -49.36 -131.1
Std. Dev. 36.44 55.56 48.32 116.5 169.16 144.75
Coef. Var. (%) -253.65 -496.75 -130.34 -309.93 -342.72 -110.42
Minimum -67.02 -86.9 -105.44 -201.33 -300.84 -329.26
Maximum 70.16 127.39 96.77 315.52 392.71 252.8
Net Cash Income in 2003 ($1,000)
Mean -9.46 0.04 -19.7 -34.26 -16.28 -76.42
Std. Dev. 42.56 64.49 59.04 128.28 192.6 180.48
Coef. Var. (%) -450.04 157370 -299.67 -374.4 -1183.06 -236.17
Minimum -63.87 -92.59 -103.96 -240.56 -299.39 -336.78
Maximum 72.61 140.32 107.14 258.1 391.26 306.38
Annual Net Cash Farm Income, 1996-2003 ($1000)
Mean 6.88 7.46 -19.16 11.88 6.81 -72.47
Std. Dev. 15.05 19.23 16.04 51.41 64.64 51.11
Coef. Var. (%) 218.8 257.97 -83.71 432.85 949.07 -70.53
Minimum -34.42 -44.67 -61.96 -124.49 -145.47 -208.09
Maximum 40.13 51.79 18.92 130.6 149.47 48.29
__________________________________________________________________________________________________________________
Table D11. Implications of Incorporating Weather Risk from the 1980s Under
Alternative Farm Policies on Representative Cotton Farms in the Rolling Plains of Texas.
__________________________________________________________________________________________________________________
Baseline Mkt Loan No Prog Baseline Mkt Loan No Prog
TXRP1700 TXRP1700 TXRP1700 TXRP2500 TXRP2500 TXRP2500
__________________________________________________________________________________________________________________
Probability of Lower
Real Equity (%) 100 100 100 99 100 100
Change in Real Net Worth 1995-2003 (%)
Mean -100 -100 -100 -48.84 -82.33 -100
Std. Dev. 43.96 50.87 51.64 25.51 38.47 65.97
Coef. Var. (%) -39.9 -28.52 -21.99 -52.24 -46.73 -38.52
Minimum -211.11 -277.24 -343.55 -126.37 -213.06 -347.93
Maximum -38.81 -63.64 -70.22 0.12 -23.7 -40.98
Net Cash Income in 1995 ($1,000)
Mean 53.31 53.31 53.31 85.51 85.51 85.51
Std. Dev. 0.35 0.35 0.35 0.53 0.53 0.53
Coef. Var. (%) 0.66 0.66 0.66 0.62 0.62 0.62
Minimum 52.78 52.78 52.78 84.71 84.71 84.71
Maximum 53.83 53.83 53.83 86.3 86.3 86.3
Net Cash Income in 1996 ($1,000)
Mean 47.15 37.28 30 65.07 50.5 27.82
Std. Dev. 13.76 19.43 20.43 35.12 38.09 52.58
Coef. Var. (%) 29.18 52.13 68.11 53.98 75.42 189.03
Minimum 14.69 -3.76 -8.28 -8.01 -32.73 -82.24
Maximum 77.52 93.16 86.68 125.74 163.54 153.05
Net Cash Income in 1997 ($1,000)
Mean 38.87 27.04 16.47 54.43 35.29 5.5
Std. Dev. 16.41 17.64 17.38 34.74 32.57 43.73
Coef. Var. (%) 42.22 65.22 105.51 63.82 92.3 794.5
Minimum 12.34 -12.15 -22.99 -20.96 -37.97 -88.41
Maximum 116.41 96.37 83.28 152.49 169.56 146.78
Net Cash Income in 1998 ($1,000)
Mean 27.18 18 8.64 46.56 31.5 5.9
Std. Dev. 13.43 17.18 19.85 30.16 35.53 46.75
Coef. Var. (%) 49.41 95.45 229.81 64.78 112.78 792.44
Minimum -1.98 -27.47 -33.72 -35.35 -53.96 -105.63
Maximum 68.22 54.49 57.69 113.46 101.92 100.37
Net Cash Income in 1999 ($1,000)
Mean 21.91 8.74 -0.94 41.9 21.23 -7.18
Std. Dev. 14.12 17.02 19.51 30.88 34.55 47
Coef. Var. (%) 64.46 194.77 -2068.59 73.69 162.74 -654.46
Minimum -21.52 -34.04 -38.77 -34.84 -54.94 -111.94
Maximum 61.38 52.19 53.79 107.25 96.28 103.97
Net Cash Income in 2000 ($1,000)
Mean 17.5 8.34 -5.32 35.37 20.91 -19.31
Std. Dev. 13.46 17.87 20.24 30.1 36.26 47.19
Coef. Var. (%) 76.92 214.27 -380.33 85.12 173.45 -244.34
Minimum -10.35 -41.6 -54.65 -26.65 -56.06 -110.82
Maximum 63.85 52.17 50.07 117.92 108.72 92.46
Net Cash Income in 2001 ($1,000)
Mean 16.94 9.13 7.62 34.12 19.5 -5.6
Std. Dev. 12.46 18.91 22.13 29.72 39.85 52.86
Coef. Var. (%) 73.56 207.22 290.59 87.1 204.28 -943.07
Minimum -15.79 -31.36 -36.16 -45.9 -85.76 -135.18
Maximum 39.46 59.96 65.37 81.97 110.3 116.72
Net Cash Income in 2002 ($1,000)
Mean 10.61 -0.09 -5.21 21.66 -0.52 -33.05
Std. Dev. 17.38 19.92 21.95 31.18 36.12 47.18
Coef. Var. (%) 163.79 -22360.54 -421.24 143.95 -6953.95 -142.74
Minimum -27.17 -40.23 -49.58 -48.55 -71.87 -124.29
Maximum 69.94 61.09 56.87 107.79 81.95 77.2
Net Cash Income in 2003 ($1,000)
Mean 2.7 0.85 0.53 6.58 -9.96 -33.79
Std. Dev. 14.61 19.48 21.16 29.91 37.06 47.61
Coef. Var. (%) 541.52 2303.25 4024.64 454.93 -372.12 -140.91
Minimum -29.74 -42.27 -38.83 -66.66 -93.16 -136.48
Maximum 44.92 55.82 61.76 86.7 80.72 84.06
Annual Net Cash Farm Income, 1996-2003 ($1000)
Mean 22.86 13.66 6.47 38.21 21.06 -7.46
Std. Dev. 7.13 6.62 7.27 16.84 16.89 20.58
Coef. Var. (%) 31.2 48.47 112.31 44.06 80.21 -275.72
Minimum 8.81 -0.26 -10.19 1.83 -25.07 -61.48
Maximum 43.12 28.33 28.79 76.46 59.31 47.36
__________________________________________________________________________________________________________________
Table D12. Implications of Incorporating Weather Risk from the 1980s Under
Alternative Farm Policies on Representative Cotton Farms in the
Blacklands and Coastal Bend of Texas.
__________________________________________________________________________________________________________________
Baseline Mkt Loan No Prog Baseline Mkt Loan No Prog
TXBL1200 TXBL1200 TXBL1200 TXCB1700 TXCB1700 TXCB1700
__________________________________________________________________________________________________________________
Probability of Lower
Real Equity (%) 57 52 70 86 77 82
Change in Real Net Worth 1995-2003 (%)
Mean -10.08 -12.43 -39.58 -66.01 -60.48 -100
Std. Dev. 25.16 34.93 55.38 66.08 84.03 141.88
Coef. Var. (%) -249.67 -280.96 -139.89 -100.1 -138.92 -104.57
Minimum -67.92 -115.71 -223.11 -210.76 -270.21 -489.39
Maximum 50.13 59.09 67.9 82.01 132.37 168.85
Net Cash Income in 1995 ($1,000)
Mean 70.2 70.2 70.2 66.31 66.31 66.31
Std. Dev. 0 0 0 0 0 0
Coef. Var. (%) 0 0 0 0 0 0
Minimum 70.2 70.2 70.2 66.31 66.31 66.31
Maximum 70.2 70.2 70.2 66.31 66.31 66.31
Net Cash Income in 1996 ($1,000)
Mean 82.49 89.54 77.03 111.92 129.45 97.44
Std. Dev. 50.1 66.15 81.55 75.85 99.41 138.54
Coef. Var. (%) 60.73 73.87 105.88 67.78 76.79 142.19
Minimum 3.97 -27.71 -51.06 -8.39 -63.67 -142.12
Maximum 241.47 306.93 313.76 280.51 365.1 429.4
Net Cash Income in 1997 ($1,000)
Mean 71.73 75.58 67.83 79.07 83.88 72.5
Std. Dev. 48.59 65.69 84.82 82.53 97.06 141.59
Coef. Var. (%) 67.73 86.92 125.05 104.38 115.72 195.31
Minimum -1.77 -36.62 -58.67 -36.52 -80.02 -148.47
Maximum 194.13 250.12 282.58 303.71 314.43 395.66
Net Cash Income in 1998 ($1,000)
Mean 69.24 69.62 63.65 60.41 66.62 56.32
Std. Dev. 40.47 55.39 71.64 65.78 85.57 129.99
Coef. Var. (%) 58.45 79.56 112.55 108.9 128.44 230.81
Minimum -9.42 -35.28 -67.94 -41.93 -83.31 -158.63
Maximum 171.81 217.6 268.73 229.92 294.73 353.67
Net Cash Income in 1999 ($1,000)
Mean 66.72 61.95 59.2 61.91 66.03 60.75
Std. Dev. 45.84 60.12 79.44 78.14 99.37 148.3
Coef. Var. (%) 68.7 97.04 134.18 126.2 150.49 244.11
Minimum -12.24 -49.71 -78.61 -42.51 -110.13 -195.54
Maximum 192.2 253.97 286.42 236.09 324.08 393.89
Net Cash Income in 2000 ($1,000)
Mean 53.33 50.53 29.61 17.01 20.74 -13.97
Std. Dev. 39.27 53.48 69.33 67.76 89.69 127.93
Coef. Var. (%) 73.63 105.82 234.15 398.39 432.46 -915.68
Minimum -10.71 -43.75 -84.15 -82.96 -141.98 -211.07
Maximum 142.04 190.91 215.78 165.18 227.5 301.52
Net Cash Income in 2001 ($1,000)
Mean 54.91 60.04 55.94 9.65 27.69 28.53
Std. Dev. 48.69 64.84 88.62 74.11 97.85 158.62
Coef. Var. (%) 88.67 108 158.41 767.68 353.44 556.01
Minimum -22.83 -51.45 -86.1 -96.63 -129.01 -214.32
Maximum 176.31 232 259.72 173.07 254.86 392.95
Net Cash Income in 2002 ($1,000)
Mean 50.86 51.76 34.72 -0.22 11.85 -15.57
Std. Dev. 36.2 51.23 67.55 65.66 89.24 130.69
Coef. Var. (%) 71.16 98.98 194.57 -30019.84 752.75 -839.37
Minimum -19.74 -57.59 -99.09 -131.05 -193.36 -267.87
Maximum 142.34 176.34 226.14 155.64 236.06 315.23
Net Cash Income in 2003 ($1,000)
Mean 47.64 51.53 46.48 -16.81 -1.7 -5.35
Std. Dev. 47.08 62.87 81.18 70.91 96.9 147.68
Coef. Var. (%) 98.84 122 174.66 -421.92 -5712.55 -2758.21
Minimum -27.76 -52.52 -91.94 -143.34 -171.1 -262.09
Maximum 168.82 213.18 272.34 144.05 226.59 351.86
Annual Net Cash Farm Income, 1996-2003 ($1000)
Mean 62.12 63.82 54.31 40.37 50.57 35.08
Std. Dev. 20.67 27.88 35.55 34.39 45.01 64.02
Coef. Var. (%) 33.28 43.68 65.46 85.19 89.01 182.5
Minimum 17.19 4.25 -14.78 -18.61 -36.51 -92.53
Maximum 114.17 123.72 136.26 144.41 189.2 223.82
__________________________________________________________________________________________________________________
Table D13. Implications of Incorporating Weather Risk from the 1980s Under
Alternative Farm Policies on Representative Cotton Farms in California.
__________________________________________________________________________________________________________________
Baseline Mkt Loan No Prog Baseline Mkt Loan No Prog
CAC900 CAC900 CAC900 CAC3150 CAC3150 CAC3150
__________________________________________________________________________________________________________________
Probability of Lower
Real Equity (%) 78 58 100 99 86 100
Change in Real Net Worth 1995-2003 (%)
Mean -8.36 -3.72 -36.07 -18.82 -13.03 -45.27
Std. Dev. 8.92 12.14 12.97 9.77 12.84 12.79
Coef. Var. (%) -106.66 -326.62 -35.95 -51.92 -98.57 -28.25
Minimum -32.74 -38.83 -77.3 -47.12 -51.9 -83.33
Maximum 8.34 22.34 -5.86 3.13 15.07 -15.18
Net Cash Income in 1995 ($1,000)
Mean 184.73 184.73 184.73 206.73 206.73 206.73
Std. Dev. 0 0 0 0 0 0
Coef. Var. (%) 0 0 0 0 0 0
Minimum 184.73 184.73 184.73 206.73 206.73 206.73
Maximum 184.73 184.73 184.73 206.73 206.73 206.73
Net Cash Income in 1996 ($1,000)
Mean 227.64 221.81 148.58 346.26 329.99 68.38
Std. Dev. 91.67 127.08 115.29 307.52 433.54 390.85
Coef. Var. (%) 40.27 57.29 77.6 88.81 131.38 571.55
Minimum 50.3 -29.47 -80.36 -247.76 -525.85 -707.35
Maximum 463.22 581.99 470.33 1147.24 1572.4 1172.65
Net Cash Income in 1997 ($1,000)
Mean 219.18 247.26 141.07 285.14 390.78 4.87
Std. Dev. 86.11 117.43 104.16 287.84 399.86 351.69
Coef. Var. (%) 39.29 47.49 73.84 100.95 102.32 7224.92
Minimum 33.97 7.88 -74.32 -332.01 -421.44 -723.77
Maximum 398.67 529.72 390.96 887.03 1355.74 850.31
Net Cash Income in 1998 ($1,000)
Mean 196 218.7 109.76 142.43 231.95 -174.74
Std. Dev. 89.92 121.92 113.1 301.89 418.61 386.25
Coef. Var. (%) 45.88 55.75 103.04 211.95 180.47 -221.05
Minimum 12.79 -32.16 -123.42 -461.38 -632.36 -974.2
Maximum 382.19 505.27 384.63 774.81 1232.98 774.83
Net Cash Income in 1999 ($1,000)
Mean 188.02 199.85 92.87 64.67 117.47 -293.44
Std. Dev. 88.67 122.56 114.1 298.52 422.44 387.17
Coef. Var. (%) 47.16 61.33 122.86 461.61 359.62 -131.94
Minimum -19.26 -71.22 -156.51 -631.14 -802.14 -1161.01
Maximum 402.22 513.14 389.68 786.22 1221.05 744.04
Net Cash Income in 2000 ($1,000)
Mean 163.72 186.26 53.68 -71.37 21.1 -490.18
Std. Dev. 80.37 105.31 96.35 273.17 363.79 328.3
Coef. Var. (%) 49.09 56.54 179.48 -382.78 1723.95 -66.98
Minimum -16.62 -42.13 -153.03 -685.93 -777.68 -1216.34
Maximum 399.1 527.72 368.32 730.84 1206.08 594.78
Net Cash Income in 2001 ($1,000)
Mean 151.79 203.11 92.92 -165.73 28.24 -419.82
Std. Dev. 80.45 111.32 103.38 270.41 383.85 354.32
Coef. Var. (%) 53 54.81 111.26 -163.17 1359.27 -84.4
Minimum -28.7 -40.1 -138.21 -773.75 -804.69 -1180.52
Maximum 318.23 461.4 329.83 390.5 893.94 386.11
Net Cash Income in 2002 ($1,000)
Mean 99.52 145.04 10.83 -329.8 -158.5 -711.63
Std. Dev. 80.3 116.78 105.15 272.83 407.32 362.64
Coef. Var. (%) 80.69 80.51 970.78 -82.73 -256.99 -50.96
Minimum -63.2 -78.89 -175.78 -929.33 -981.18 -1427.92
Maximum 288.91 474.93 299.68 343.15 992.45 358.89
Net Cash Income in 2003 ($1,000)
Mean 61.35 117.21 -7.72 -463.4 -259.16 -780.11
Std. Dev. 80.21 117.02 105.68 275.56 409.34 366.79
Coef. Var. (%) 130.75 99.84 -1369.44 -59.46 -157.95 -47.02
Minimum -85.73 -94.85 -207.11 -947.31 -1057.71 -1527.69
Maximum 277.79 476.16 305.52 307.2 966.58 368.6
Annual Net Cash Farm Income, 1996-2003 ($1000)
Mean 163.4 192.41 80.25 -23.97 87.73 -349.58
Std. Dev. 37.55 52.05 47.84 136.63 189.59 173.13
Coef. Var. (%) 22.98 27.05 59.61 -569.91 216.1 -49.52
Minimum 58.09 42.61 -62.11 -409.65 -464 -858.95
Maximum 235.72 304.8 187.87 266.07 518.53 52.97
__________________________________________________________________________________________________________________
Table D14. Implications of Incorporating Weather Risk from the 1980s Under
Alternative Farm Policies on Representative Cotton Farms in Mississippi.
__________________________________________________________________________________________________________________
Baseline Mkt Loan No Prog Baseline Mkt Loan No Prog
MSC1635 MSC1635 MSC1635 MSC3620 MSC3620 MSC3620
__________________________________________________________________________________________________________________
Probability of Lower
Real Equity (%) 100 99 100 100 82 99
Change in Real Net Worth 1995-2003 (%)
Mean -43.73 -35.06 -72.28 -25.22 -15.29 -47.62
Std. Dev. 9.25 14.94 26.56 9.28 13.57 19.47
Coef. Var. (%) -21.15 -42.61 -36.75 -36.8 -88.73 -40.89
Minimum -66.34 -72.27 -150.63 -46.29 -49.08 -108.53
Maximum -25.77 9.34 -8.85 -6.14 23.74 5.75
Net Cash Income in 1995 ($1,000)
Mean 84.92 84.92 84.92 215.74 215.74 215.74
Std. Dev. 0 0 0 0 0 0
Coef. Var. (%) 0 0 0 0 0 0
Minimum 84.92 84.92 84.92 215.74 215.74 215.74
Maximum 84.92 84.92 84.92 215.74 215.74 215.74
Net Cash Income in 1996 ($1,000)
Mean 122.49 131.4 88.96 294.07 318.46 233
Std. Dev. 49.95 78.8 84.65 107.2 158.83 173.61
Coef. Var. (%) 40.78 59.97 95.15 36.45 49.88 74.51
Minimum 1.95 -15.69 -73.33 31.64 14.11 -117.76
Maximum 254.37 328.41 310.64 563.14 711.18 686.84
Net Cash Income in 1997 ($1,000)
Mean 94.61 126.08 61.14 234.18 304.17 174.42
Std. Dev. 52.42 86.21 90.57 112.78 173.73 186.17
Coef. Var. (%) 55.4 68.38 148.12 48.16 57.11 106.74
Minimum -35.43 -61.72 -138.07 -50.23 -92.5 -249.23
Maximum 230.16 357.91 292.29 527.43 754.21 649.72
Net Cash Income in 1998 ($1,000)
Mean 68.19 91.25 23.47 175 232.72 94.91
Std. Dev. 42.41 66.39 77.78 91.76 132.98 157.61
Coef. Var. (%) 62.2 72.76 331.34 52.44 57.14 166.05
Minimum -41.31 -66.44 -155.51 -70.26 -103.33 -288.3
Maximum 217.94 263.67 204.39 498.46 573.84 457.41
Net Cash Income in 1999 ($1,000)
Mean 64.71 82.88 20.97 178.03 228.32 101.98
Std. Dev. 44.65 70.63 85.43 97.93 143.38 174.69
Coef. Var. (%) 69 85.23 407.4 55.01 62.8 171.3
Minimum -17.88 -50.63 -123.25 -3.29 -52.61 -198.68
Maximum 189.41 255.53 209.12 470.54 564.96 485.23
Net Cash Income in 2000 ($1,000)
Mean 41.52 63.49 -24.97 132.98 189.8 10.11
Std. Dev. 48.31 76.21 87.67 105.73 153.74 178.55
Coef. Var. (%) 116.34 120.04 -351.11 79.51 81 1765.19
Minimum -62.22 -97.71 -187.51 -90.75 -139.07 -323.88
Maximum 164.49 247.45 164.73 412.16 564.55 396.94
Net Cash Income in 2001 ($1,000)
Mean 0.58 47.75 -3.4 82.64 188.33 78.4
Std. Dev. 48.62 75.14 89.39 106.97 151.32 183.65
Coef. Var. (%) 8337.72 157.35 -2626.91 129.44 80.35 234.26
Minimum -121.06 -84.09 -162.82 -199.39 -108.23 -265.66
Maximum 167.47 228.05 191.25 457.65 581.82 500.91
Net Cash Income in 2002 ($1,000)
Mean -12.36 23.21 -60.73 71.42 154.12 -19.22
Std. Dev. 40.92 68.12 75.87 92.34 134.95 152.14
Coef. Var. (%) -331.1 293.56 -124.93 129.29 87.56 -791.79
Minimum -98.14 -101.92 -183.03 -119.75 -103.63 -281.16
Maximum 107.65 218.44 145.81 368.53 528.17 383.91
Net Cash Income in 2003 ($1,000)
Mean -35.95 3.58 -63.96 28.69 119.67 -17.67
Std. Dev. 51.5 83.97 97.1 113.04 168.53 197.03
Coef. Var. (%) -143.25 2346.74 -151.82 393.96 140.83 -1114.81
Minimum -143.48 -152.07 -233.09 -198.32 -195.9 -375
Maximum 95.32 222.64 181.93 332.46 567.73 483.02
Annual Net Cash Farm Income, 1996-2003 ($1000)
Mean 42.97 71.2 5.19 149.63 216.95 81.99
Std. Dev. 21.4 37.48 43.02 45.69 75.02 88.34
Coef. Var. (%) 49.8 52.63 829.46 30.54 34.58 107.74
Minimum -9.43 -12.23 -87.81 43.94 51.97 -111.26
Maximum 89.09 193.26 136.85 255.35 459.55 347.6
__________________________________________________________________________________________________________________