Appendix Table C1.  Implication of Continuing the Current Farm Program vs. the Freedom to Farm
                    Act (FTFA) and a 30% Normal Flex Option on Representative Farms in Iowa.
____________________________________________________________________________________________________
                      Iowa Moderate Grain Farm           Iowa Large Grain Farm
                    ____________________________      ____________________________
                    Baseline  FTFA      30% FLEX      Baseline  FTFA      30% FLEX
____________________________________________________________________________________________________

Average Change in Real Net Worth w/o Land
Inflation 1995-2003    -44.64    -53.22    -53.74         24.10     16.92     17.66

Average Change in Real Net
Worth 1995-2003 (%)    -37.02    -48.12    -48.64         29.70     20.69     21.43

Average Annual Net Cash Income ($1000)
               1995     36.18     36.18     36.18         93.22     93.22     93.22
               1996     40.03     36.06     34.84         91.45     84.77     83.05
               1997     31.71     23.63     26.29         95.27     81.72     86.84
               1998     32.19     29.73     27.26         97.26     90.00     88.58
               1999     33.14     28.30     27.93        104.98     95.54     95.99
               2000     29.49     25.06     24.20        110.65    101.76    102.82
               2001     32.54     28.09     27.66        115.47    106.40    107.12
               2002     35.00     28.99     30.15        116.26    105.37    108.42
               2003     31.14     27.46     26.43        110.20    101.89    102.08
1996-2003 Average       33.15     28.42     28.10        105.19     95.93     96.86

Average Annual Govt. Payments ($1000)
               1995     12.12     12.12     12.12         19.27     19.27     19.27
               1996     14.74     11.18     10.56         23.43     17.78     16.80
               1997     18.49      9.99     13.85         29.40     15.89     22.02
               1998     15.60     10.81     11.03         24.81     17.19     17.54
               1999     15.31     10.28     11.50         24.35     16.34     18.29
               2000     14.90      8.52     11.46         23.69     13.54     18.22
               2001     12.81      6.95      9.75         20.37     11.04     15.50
               2002     14.12      6.52     10.62         22.45     10.37     16.88
               2003     11.36      6.52      8.60         18.06     10.37     13.67
1996-2003 Average       14.67      8.85     10.92         23.32     14.07     17.37

Average Annual Real Net Worth w/o
Land Inflation ($1,000)
               1995    307.47    307.47    307.47        399.65    399.65    399.65
               1996    300.29    297.69    296.89        406.27    403.16    402.34
               1997    276.05    266.38    267.97        425.17    415.91    417.33
               1998    262.60    251.15    250.56        439.26    426.63    427.77
               1999    249.69    234.64    233.76        456.40    440.42    441.55
               2000    223.20    205.13    203.60        470.41    451.54    452.97
               2001    208.11    187.26    185.44        484.27    462.48    464.19
               2002    195.03    170.45    169.56        493.31    467.56    470.35
               2003    170.22    143.84    142.24        495.98    467.28    470.21
1996-2003 Average      235.65    219.57    218.75        458.88    441.87    443.34

Average Annual Real Net Worth ($1000)
               1995    307.47    307.47    307.47        399.65    399.65    399.65
               1996    301.48    298.83    298.03        407.44    404.29    403.47
               1997    280.54    269.50    271.08        429.49    418.95    420.37
               1998    269.33    254.00    253.41        445.75    429.46    430.60
               1999    258.51    237.95    237.07        464.90    443.73    444.86
               2000    234.01    209.64    208.10        480.82    456.00    457.43
               2001    222.85    195.09    193.28        498.42    470.11    471.82
               2002    213.96    182.15    181.27        511.43    478.88    481.66
               2003    193.64    159.50    157.91        518.37    482.35    485.29
1996-2003 Average      246.79    225.83    225.02        469.58    447.97    449.44

NIA for Real Net Worth w/o Land Inflation 1996-2003
in Dollars ($1000)      29.85     34.50     33.97        -25.25    -17.72    -17.74

NIA for Real Net Worth w/o Land Inflation 1996-2003
as % Receipts (%)       15.66     18.24     18.28         -9.54     -6.91     -6.95

NIA for Total Real Net Worth 1996-2003
in Dollars ($1000)      23.91     31.19     30.74        -30.00    -20.32    -20.99

NIA for Total Real Net Worth 1996-2003
as % Receipts (%)       12.54     16.49     16.55        -11.33     -7.92     -8.22
____________________________________________________________________________________________________

Appendix Table C2.  Implication of Continuing the Current Farm Program vs. the Freedom to Farm
                    Act (FTFA) and a 30% Normal Flex Option on Representative Farms in Missouri.
____________________________________________________________________________________________________

                    Missouri Moderate Grain Farm      Missouri Large Grain Farm
                    _____________________________     ____________________________
                    Baseline   FTFA     30% FLEX      Baseline   FTFA     30% FLEX
____________________________________________________________________________________________________

Average Change in Real Net Worth w/o Land
Inflation 1995-2003    -35.24    -41.32    -39.61         13.58     12.69     11.07

Average Change in Real Net
Worth 1995-2003 (%)    -26.13    -34.91    -33.20         22.28     18.77     17.15

Average Annual Net Cash Income ($1000)
               1995     46.70     46.70     46.70        123.14    123.14    123.14
               1996     41.78     36.97     36.60        133.21    130.09    124.59
               1997     34.59     24.31     29.36        129.64    117.15    122.29
               1998     34.37     29.98     28.91        130.60    130.10    122.99
               1999     36.33     29.05     30.04        157.65    154.57    149.05
               2000     39.61     33.42     32.91        165.05    164.92    155.91
               2001     43.20     36.94     36.66        169.79    171.96    163.06
               2002     45.75     37.18     39.27        183.97    180.44    176.42
               2003     41.43     35.47     35.10        189.85    192.03    181.87
1996-2003 Average       39.63     32.92     33.61        157.47    155.16    149.52

Average Annual Govt. Payments ($1000)
               1995     12.56     12.56     12.56         23.18     23.18     23.18
               1996     15.65     13.40     11.75         28.86     24.57     21.62
               1997     19.26     11.87     15.39         35.54     21.78     28.33
               1998     17.01     12.74     13.17         31.33     23.39     24.16
               1999     16.02     12.05     12.67         29.56     22.13     23.32
               2000     14.71      9.95     11.43         27.22     18.28     21.14
               2001     12.84      8.12      9.73         23.74     14.90     17.99
               2002     13.42      6.99     10.05         24.87     12.88     18.64
               2003     10.77      6.99      8.03         19.96     12.88     14.90
1996-2003 Average       14.96     10.26     11.53         27.64     18.85     21.26

Average Annual Real Net Worth w/o
Land Inflation ($1,000)
               1995    574.91    574.91    574.91        951.84    951.84    951.84
               1996    543.40    538.99    538.66        972.78    971.67    969.96
               1997    506.85    493.50    497.64        984.33    976.67    977.93
               1998    482.47    465.81    468.90        997.59    988.98    987.63
               1999    459.96    437.86    441.66       1022.37   1012.99   1009.21
               2000    438.83    413.02    417.27       1030.16   1020.79   1013.56
               2001    418.12    389.82    396.05       1041.30   1032.76   1022.10
               2002    397.83    366.08    376.54       1066.00   1056.76   1044.43
               2003    372.32    337.38    347.22       1081.10   1072.59   1057.23
1996-2003 Average      452.47    430.31    435.49       1024.45   1016.65   1010.26

Average Annual Real Net Worth ($1000)
               1995    574.91    574.91    574.91        951.84    951.84    951.84
               1996    546.72    542.21    541.88        977.88    976.62    974.91
               1997    517.62    501.53    505.67       1001.20    989.14    990.40
               1998    498.52    474.09    477.17       1022.75   1001.64   1000.29
               1999    480.90    447.77    451.56       1055.22   1028.10   1024.31
               2000    464.38    425.95    430.19       1070.27   1040.59   1033.36
               2001    452.13    409.99    416.21       1094.86   1064.06   1053.40
               2002    440.74    394.53    404.98       1133.74   1101.24   1088.91
               2003    424.69    374.23    384.06       1163.94   1130.47   1115.11
1996-2003 Average      478.21    446.29    451.47       1064.98   1041.48   1035.09

NIA for Real Net Worth w/o Land Inflation 1996-2003
in Dollars ($1000)      43.75     50.00     48.58        -33.79    -30.95    -24.00

NIA for Real Net Worth w/o Land Inflation 1996-2003
as % Receipts (%)       20.36     22.81     23.12         -7.76     -6.87     -5.62

NIA for Total Real Net Worth 1996-2003
in Dollars ($1000)      31.91     40.71     40.72        -47.87    -41.24    -37.09

NIA for Total Real Net Worth 1996-2003
as % Receipts (%)       14.85     18.57     19.38        -10.99     -9.15     -8.68
____________________________________________________________________________________________________

Appendix Table C3.  Implication of Continuing the Current Farm Program vs. the Freedom to Farm
                    Act (FTFA) and a 30% Normal Flex Option on Representative Farms in Nebraska.
____________________________________________________________________________________________________
                    Nebraska Moderate Grain Farm      Nebraska Large Grain Farm
                    ____________________________      ____________________________
                    Baseline  FTFA      30% FLEX      Baseline  FTFA      30% FLEX
____________________________________________________________________________________________________

Average Change in Real Net Worth w/o Land
Inflation 1995-2003    -33.10    -34.60    -36.34         -7.54    -10.00     -9.29

Average Change in Real Net
Worth 1995-2003 (%)    -24.88    -28.93    -30.67          1.67     -3.62     -2.91

Average Annual Net Cash Income ($1000)
               1995     46.02     46.02     46.02        152.04    152.04    152.04
               1996     45.03     44.07     41.76        154.88    144.86    148.66
               1997     35.91     27.81     29.60        138.03    112.68    124.73
               1998     29.30     35.46     25.20        138.31    140.77    129.73
               1999     28.19     26.57     22.52        135.90    122.95    124.19
               2000     34.71     33.82     29.08        137.30    126.63    125.66
               2001     36.56     33.55     31.86        136.81    120.83    127.32
               2002     30.32     22.98     25.80        140.58    118.55    131.70
               2003     27.75     25.87     23.60        132.57    120.99    124.79
1996-2003 Average       33.47     31.27     28.68        139.30    126.03    129.60

Average Annual Govt. Payments ($1000)
               1995     28.06     28.06     28.06         61.86     61.86     61.86
               1996     34.12     25.89     24.46         75.22     57.08     53.92
               1997     42.82     23.14     32.07         94.39     51.01     70.70
               1998     36.13     25.03     25.55         79.64     55.18     56.32
               1999     35.46     23.80     26.64         78.17     52.47     58.72
               2000     34.50     19.72     26.53         76.05     43.47     58.49
               2001     29.67     16.08     22.58         65.40     35.45     49.78
               2002     32.70     15.10     24.59         72.08     33.29     54.20
               2003     26.30     15.10     19.91         57.98     33.29     43.88
1996-2003 Average       33.96     20.49     25.29         74.87     45.15     55.75

Average Annual Real Net Worth w/o
Land Inflation ($1,000)
               1995    839.34    839.34    839.34       1819.25   1819.25   1819.25
               1996    813.68    812.76    810.63       1819.24   1815.32   1816.80
               1997    776.16    767.75    767.61       1796.05   1778.31   1787.07
               1998    728.16    725.19    716.43       1781.33   1763.45   1768.12
               1999    694.75    690.64    678.82       1773.03   1749.99   1754.89
               2000    669.03    663.49    649.19       1753.55   1726.30   1730.69
               2001    641.65    634.39    618.95       1731.88   1699.94   1705.55
               2002    599.53    587.30    574.23       1721.28   1681.29   1692.51
               2003    561.51    548.91    534.36       1682.12   1637.30   1650.33
1996-2003 Average      685.56    678.80    668.78       1757.31   1731.49   1738.24

Average Annual Real Net Worth ($1000)
               1995    839.34    839.34    839.34       1819.25   1819.25   1819.25
               1996    817.70    816.66    814.52       1829.18   1824.95   1826.43
               1997    789.96    777.77    777.63       1829.76   1802.93   1811.69
               1998    748.77    735.08    726.33       1831.67   1787.99   1792.66
               1999    721.69    702.37    690.55       1838.81   1779.14   1784.04
               2000    701.96    679.01    664.71       1833.91   1764.75   1769.14
               2001    685.89    659.56    644.11       1839.62   1761.76   1767.38
               2002    655.74    623.57    610.50       1857.99   1770.00   1781.21
               2003    630.48    596.49    581.94       1849.67   1753.36   1766.38
1996-2003 Average      719.02    698.81    688.79       1838.83   1780.61   1787.37

NIA for Real Net Worth w/o Land Inflation 1996-2003
in Dollars ($1000)      58.83     59.66     62.33         36.02     46.11     41.09

NIA for Real Net Worth w/o Land Inflation 1996-2003
as % Receipts (%)       17.19     17.16     18.44          5.91      7.62      6.84

NIA for Total Real Net Worth 1996-2003
in Dollars ($1000)      42.23     48.13     50.23        -10.00     16.14     10.00

NIA for Total Real Net Worth 1996-2003
as % Receipts (%)       12.34     13.84     14.86         -1.64      2.67      1.66
____________________________________________________________________________________________________

Appendix Table C4.  Implication of Continuing the Current Farm Program vs. the Freedom to Farm
                    Act (FTFA) and a 30% Normal Flex Option on Representative Farms in the Texas N.P.
____________________________________________________________________________________________________
                    Texas N. P. Moderate Grain Farm   Texas N. P. Large Grain Farm
                    _______________________________   ____________________________
                    Baseline  FTFA      30% FLEX      Baseline  FTFA      30% FLEX
____________________________________________________________________________________________________

Average Change in Real Net Worth w/o Land
Inflation 1995-2003   -141.81   -152.13   -153.77        -12.30    -16.06    -21.96

Average Change in Real Net
Worth 1995-2003 (%)   -142.26   -153.17   -154.81        -13.09    -17.63    -23.53

Average Annual Net Cash Income ($1000)
               1995     52.82     52.82     52.82        165.88    165.88    165.88
               1996     35.84     33.29     31.34        140.35    141.02    128.64
               1997     26.30     10.24     17.80        127.86     93.53    105.81
               1998     18.25     13.62     10.25        124.63    118.85    103.57
               1999      3.65     -4.98     -5.02        112.81     99.52     91.06
               2000     -1.35     -5.21     -9.30        101.13    101.05     82.81
               2001    -13.64    -14.00    -15.25         87.57     83.81     71.51
               2002    -34.44    -42.11    -41.43         78.41     69.23     62.49
               2003    -32.07    -32.91    -37.36         65.27     71.94     51.90
1996-2003 Average        0.32     -5.26     -6.12        104.75     97.37     87.23

Average Annual Govt. Payments ($1000)
               1995     39.89     39.89     39.89        103.79    103.79    103.79
               1996     43.44     41.47     33.19        110.32    108.10     84.33
               1997     53.85     36.31     44.54        137.02     94.46    113.62
               1998     48.35     38.71     38.92        123.31    100.60     99.59
               1999     44.84     36.52     36.34        114.10     94.88     92.62
               2000     40.18     30.11     31.38        101.87     78.19     79.48
               2001     34.86     24.53     26.33         88.24     63.71     66.52
               2002     35.02     21.30     26.06         88.05     55.40     65.35
               2003     28.04     21.30     20.32         70.47     55.40     50.71
1996-2003 Average       41.07     31.28     32.13        104.17     81.34     81.53

Average Annual Real Net Worth w/o
Land Inflation ($1,0
               1995    441.21    441.21    441.21        941.48    941.48    941.48
               1996    411.39    409.05    407.28        966.00    966.32    958.37
               1997    380.75    364.26    369.24        980.32    956.32    959.52
               1998    336.92    316.20    318.96        986.50    961.14    951.16
               1999    273.85    246.71    249.34        979.21    943.75    927.11
               2000    224.89    195.62    194.89        945.62    911.32    880.72
               2001    160.85    140.68    139.02        905.31    869.32    830.33
               2002      0.00      0.00      0.00        873.87    832.30    789.67
               2003      0.00      0.00      0.00        825.64    790.28    734.74
1996-2003 Average      197.20    171.79    171.58        932.81    903.84    878.95

Average Annual Real Net Worth ($1000)
               1995    441.21    441.21    441.21        941.48    941.48    941.48
               1996    411.69    409.43    407.65        966.53    967.06    959.11
               1997    382.05    365.07    370.04        983.38    957.98    961.17
               1998    338.02    316.58    319.34        988.74    961.36    951.38
               1999    274.46    245.72    248.35        979.83    939.84    923.21
               2000    224.71    193.77    193.05        943.79    904.82    874.22
               2001    161.19    139.47    137.82        904.77    864.41    825.43
               2002      0.00      0.00      0.00        869.33    822.26    779.62
               2003      0.00      0.00      0.00        818.21    775.53    719.98
1996-2003 Average      197.26    170.53    170.32        931.82    899.16    874.26

NIA for Real Net Worth w/o Land Inflation 1996-2003
in Dollars ($1000)      64.30     68.39     69.24         17.94     22.07     29.91

NIA for Real Net Worth w/o Land Inflation 1996-2003
as % Receipts (%)       18.92     20.17     20.66          2.16      2.66      3.65

NIA for Total Real Net Worth 1996-2003
in Dollars ($1000)      64.67     69.43     70.89         19.09     24.23     32.04

NIA for Total Real Net Worth 1996-2003
as % Receipts (%)       19.03     20.48     21.15          2.29      2.92      3.91
____________________________________________________________________________________________________

Appendix Table C5.  Implication of Continuing the Current Farm Program vs. the Freedom to Farm
                    Act (FTFA) and a 30% Normal Flex Option on Representative Farms in South Carolina.
____________________________________________________________________________________________________
                    South Carolina Moderate Grain Farm    South Carolina Large Grain Farm
                    __________________________________    _______________________________
                    Baseline  FTFA      30% FLEX          Baseline  FTFA      30% FLEX
____________________________________________________________________________________________________

Average Change in Real Net Worth w/o Land
Inflation 1995-2003      7.14     -1.57     -0.09         23.93     21.26     20.48

Average Change in Real Net
Worth 1995-2003 (%)      8.71     -0.63      0.85         25.76     22.43     21.64

Average Annual Net Cash Income ($1000)
               1995    111.17    111.17    111.17        327.63    327.63    327.82
               1996    115.78    101.00    101.98        351.62    342.69    325.11
               1997    104.71     75.12     88.10        339.10    299.50    311.62
               1998    102.47     82.45     85.09        351.73    328.82    322.75
               1999    104.75     83.79     87.57        371.10    343.86    341.00
               2000    104.28     89.80     89.31        383.24    364.18    355.62
               2001    108.18     94.56     94.91        387.14    374.55    363.41
               2002    113.17     97.47    100.07        402.09    381.87    381.28
               2003    110.15     99.84     97.57        407.14    405.61    390.54
1996-2003 Average      107.94     90.50     93.08        374.14    355.14    348.92

Average Annual Govt. Payments ($1000)
               1995     35.11     35.11     35.11         78.95     78.95     76.42
               1996     43.99     36.52     33.76         98.85     93.24     76.25
               1997     53.88     32.32     44.71        119.47     82.51     98.13
               1998     48.10     34.67     38.42        113.00     88.55     90.65
               1999     44.88     32.78     36.30        108.75     83.80     87.59
               2000     40.66     27.06     31.97        100.86     69.23     78.72
               2001     35.62     22.06     27.20         82.51     56.45     62.74
               2002     36.72     18.80     27.72         88.25     49.54     65.91
               2003     29.45     18.80     22.05         70.73     49.54     52.79
1996-2003 Average       41.66     27.88     32.77         97.80     71.61     76.60

Average Annual Real Net Worth w/o
Land Inflation ($1,000)
               1995    604.51    604.51    604.51       1978.47   1978.47   1977.37
               1996    623.93    618.15    618.53       2066.02   2062.99   2056.00
               1997    630.32    611.18    618.08       2135.23   2118.42   2113.72
               1998    638.82    610.58    619.15       2205.68   2178.39   2173.13
               1999    647.43    611.06    620.89       2272.08   2235.44   2228.89
               2000    644.54    602.92    612.47       2337.56   2294.14   2285.08
               2001    646.32    600.58    609.88       2361.98   2314.94   2302.31
               2002    653.61    603.41    613.28       2418.71   2366.61   2353.32
               2003    647.70    595.01    603.96       2451.90   2399.17   2382.31
1996-2003 Average      641.58    606.61    614.53       2281.15   2246.26   2236.85

Average Annual Real Net Worth ($1000)
               1995    604.51    604.51    604.51       1978.47   1978.47   1977.37
               1996    627.90    622.12    622.51       2080.47   2077.44   2070.45
               1997    638.37    618.84    625.74       2164.43   2146.27   2141.57
               1998    646.38    617.10    625.66       2233.64   2202.69   2197.44
               1999    657.62    619.42    629.25       2309.65   2266.62   2260.08
               2000    653.10    608.82    618.37       2369.82   2317.08   2308.02
               2001    654.78    605.60    614.90       2394.21   2335.12   2322.48
               2002    662.42    608.45    618.32       2452.46   2387.16   2373.87
               2003    657.13    600.68    609.63       2488.11   2422.20   2405.34
1996-2003 Average      649.71    612.63    620.55       2311.60   2269.32   2259.91

NIA for Real Net Worth w/o Land Inflation 1996-2003
in Dollars ($1000)     -12.39      2.58      0.00       -145.13   -133.45   -122.79

NIA for Real Net Worth w/o Land Inflation 1996-2003
as % Receipts (%)       -2.20      0.47      0.00        -12.02    -11.31    -10.52

NIA for Total Real Net Worth 1996-2003
in Dollars ($1000)     -15.10      0.00      0.00       -153.93   -134.34   -129.11

NIA for Total Real Net Worth 1996-2003
as % Receipts (%)       -2.68      0.00      0.00        -12.74    -11.38    -11.06
____________________________________________________________________________________________________