Appendix Table C15.  Implication of Continuing the Current Farm Program vs. the Freedom to Farm
                     Act (FTFA) and a 30% Normal Flex Option on Representative Farms in California.
____________________________________________________________________________________________________
                    California Moderate Rice Farm     California Large Rice Farm
                    ______________________________    ____________________________
                    Baseline  FTFA      30% FLEX      Baseline  FTFA      30% FLEX
____________________________________________________________________________________________________

Average Change in Real Net Worth w/o Land
Inflation 1995-2003    -55.39    -72.20    -77.29       -160.35   -213.80   -241.01

Average Change in Real Net
Worth 1995-2003 (%)    -40.13    -58.04    -63.13       -139.91   -194.82   -222.04

Average Annual Net Cash Income ($1000)
               1995     29.48     29.48     29.48        -60.63    -60.63    -60.63
               1996     67.31     69.33     48.92         30.66     53.22    -42.78
               1997     61.47     33.52     43.06          7.98    -60.14    -62.21
               1998     46.44     32.87     27.67        -28.99    -56.20   -104.04
               1999     35.45     23.70     15.92        -75.47    -97.74   -148.31
               2000     18.04      0.03     -1.86       -127.46   -174.95   -199.78
               2001      8.12    -21.90    -12.79       -178.78   -264.37   -244.46
               2002    -10.94    -36.50    -30.97       -245.54   -330.46   -286.04
               2003    -45.75    -46.16    -64.65       -363.46   -341.74   -353.03
1996-2003 Average       22.52      6.86      3.16       -122.63   -159.05   -180.08

Average Annual Govt. Payments ($1000)
               1995     82.32     82.32     82.32        236.88    236.88    236.88
               1996    127.71     90.72     94.70        356.52    261.06    250.03
               1997    125.77     81.73     98.87        351.29    235.19    260.36
               1998    119.09     88.54     93.80        333.14    254.79    248.21
               1999    114.42     84.28     88.34        320.41    242.52    234.88
               2000    106.21     69.90     80.37        298.00    201.14    215.37
               2001    104.35     56.99     78.66        292.92    163.98    211.21
               2002     98.01     53.56     72.45        275.54    154.11    195.88
               2003     69.14     53.56     51.11        198.95    154.11    147.06
1996-2003 Average      108.09     72.41     82.29        303.35    208.36    220.37

Average Annual Real Net Worth w/o
Land Inflation ($1,000)
               1995    452.22    452.22    452.22       1006.12   1006.12   1006.12
               1996    450.94    451.86    442.40        945.45    956.27    895.24
               1997    448.45    432.04    428.50        879.92    830.17    772.35
               1998    430.00    406.44    398.56        786.86    715.67    612.61
               1999    409.41    379.43    365.40        655.71    573.37    431.38
               2000    370.51    327.21    312.16        492.60    371.45    219.55
               2001    330.80    265.94    258.44        288.68    105.92      0.00
               2002    276.35    197.22    194.08         57.10      0.00      0.00
               2003    201.73    125.73    102.70          0.00      0.00      0.00
1996-2003 Average      364.77    323.23    312.78        437.39    234.81     52.97

Average Annual Real Net Worth ($1000)
               1995    452.22    452.22    452.22       1006.12   1006.12   1006.12
               1996    453.10    454.02    444.55        952.20    963.01    901.98
               1997    458.56    441.85    438.30        910.43    859.80    801.98
               1998    451.99    427.65    419.77        852.72    779.21    676.16
               1999    440.12    408.95    394.92        747.56    661.73    519.74
               2000    410.58    365.91    350.86        612.30    487.14    335.23
               2001    381.81    315.38    307.87        440.87    253.46      0.00
               2002    337.27    255.55    252.42        238.72      0.00      0.00
               2003    270.75    189.75    166.72          0.00      0.00      0.00
1996-2003 Average      400.52    357.38    346.93        544.16    336.86    155.03

NIA for Real Net Worth w/o Land Inflation 1996-2003
in Dollars ($1000)      55.00     66.00     68.30        215.87    245.22    266.78

NIA for Real Net Worth w/o Land Inflation 1996-2003
as % Receipts (%)       17.73     22.20     23.12         26.00     27.31     39.36

NIA for Total Real Net Worth 1996-2003
in Dollars ($1000)      39.12     52.33     55.17        172.71    208.20    224.59

NIA for Total Real Net Worth 1996-2003
as % Receipts (%)       12.61     17.60     18.68         20.80     23.19     33.14
____________________________________________________________________________________________________

Appendix Table C16. Implication of Continuing the Current Farm Program vs. the Freedom to Farm Act (FTFA) and a 30% Normal Flex Option on Representative Farms in Texas. ____________________________________________________________________________________________________ Texas Moderate Rice Farm Texas Large Rice Farm ____________________________ ____________________________ Baseline FTFA 30% FLEX Baseline FTFA 30% FLEX ____________________________________________________________________________________________________ Average Change in Real Net Worth w/o Land Inflation 1995-2003 -1181.42 -1311.24 -1279.50 -648.44 -748.30 -759.72 Average Change in Real Net Worth 1995-2003 (%) -1185.86 -1317.05 -1285.31 -649.82 -751.71 -763.14 Average Annual Net Cash Income ($1000) 1995 -46.28 -46.28 -46.28 -125.71 -125.71 -125.71 1996 -11.28 -8.75 -33.87 -29.76 -24.04 -94.37 1997 -21.82 -53.49 -32.82 -51.94 -129.58 -117.03 1998 -38.05 -49.86 -48.03 -91.72 -130.55 -130.76 1999 -43.88 -52.89 -53.75 -119.71 -149.71 -156.58 2000 -52.69 -67.41 -61.86 -143.50 -184.65 -177.11 2001 -58.39 -85.21 -67.53 -173.43 -241.16 -205.00 2002 -78.38 -99.26 -87.19 -201.57 -252.79 -230.43 2003 -112.17 -101.05 -108.17 -297.49 -268.69 -299.02 1996-2003 Average -52.08 -64.74 -61.65 -138.64 -172.65 -176.29 Average Annual Govt. Payments ($1000) 1995 91.34 91.34 91.34 215.78 215.78 215.78 1996 143.41 100.66 100.12 343.61 237.81 239.55 1997 141.20 90.68 104.38 338.24 214.24 249.83 1998 133.62 98.24 99.29 319.86 232.09 237.48 1999 128.33 93.51 93.76 307.05 220.92 224.10 2000 119.03 77.55 85.67 284.55 183.22 204.52 2001 116.93 63.23 83.94 279.45 149.38 200.33 2002 109.75 59.42 77.61 262.11 140.38 185.04 2003 76.71 59.42 56.70 181.23 140.38 133.96 1996-2003 Average 121.12 80.34 87.68 289.51 189.80 209.35 Average Annual Real Net Worth w/o Land Inflation ($1,000) 1995 112.30 112.30 112.30 393.13 393.13 393.13 1996 63.20 65.17 0.00 305.81 310.27 247.79 1997 0.00 0.00 0.00 205.49 141.07 0.00 1998 0.00 0.00 0.00 0.00 0.00 0.00 1999 0.00 0.00 0.00 0.00 0.00 0.00 2000 0.00 0.00 0.00 0.00 0.00 0.00 2001 0.00 0.00 0.00 0.00 0.00 0.00 2002 0.00 0.00 0.00 0.00 0.00 0.00 2003 0.00 0.00 0.00 0.00 0.00 0.00 1996-2003 Average -550.28 -646.20 -663.66 -752.39 -986.14 -1119.49 Average Annual Real Net Worth ($1000) 1995 112.30 112.30 112.30 393.13 393.13 393.13 1996 62.73 64.74 0.00 306.85 311.54 249.06 1997 0.00 0.00 0.00 209.71 143.76 0.00 1998 0.00 0.00 0.00 0.00 0.00 0.00 1999 0.00 0.00 0.00 0.00 0.00 0.00 2000 0.00 0.00 0.00 0.00 0.00 0.00 2001 0.00 0.00 0.00 0.00 0.00 0.00 2002 0.00 0.00 0.00 0.00 0.00 0.00 2003 0.00 0.00 0.00 0.00 0.00 0.00 1996-2003 Average 0.00 0.00 0.00 0.00 0.00 0.00 NIA for Real Net Worth w/o Land Inflation 1996-2003 in Dollars ($1000) 120.55 134.12 133.47 224.40 257.94 266.99 NIA for Real Net Worth w/o Land Inflation 1996-2003 as % Receipts (%) 34.03 39.33 46.14 25.96 30.98 37.79 NIA for Total Real Net Worth 1996-2003 in Dollars ($1000) 121.35 135.09 134.51 225.33 260.09 269.49 NIA for Total Real Net Worth 1996-2003 as % Receipts (%) 34.25 39.62 46.50 26.07 31.24 38.15 ____________________________________________________________________________________________________
Appendix Table C17. 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 Rice Farm Missouri Large Rice Farm ____________________________ ____________________________ Baseline FTFA 30% FLEX Baseline FTFA 30% FLEX ____________________________________________________________________________________________________ Average Change in Real Net Worth w/o Land Inflation 1995-2003 31.01 27.45 24.35 5.23 5.19 2.36 Average Change in Real Net Worth 1995-2003 (%) 27.32 23.15 20.05 -0.78 -2.29 -5.12 Average Annual Net Cash Income ($1000) 1995 182.96 182.96 182.96 405.79 405.79 405.79 1996 228.18 234.62 207.07 523.36 561.80 477.53 1997 216.03 189.41 193.74 509.84 463.96 458.78 1998 220.92 214.87 201.18 516.30 519.75 474.70 1999 221.37 211.85 198.24 508.10 508.60 461.95 2000 217.22 204.89 193.39 507.32 501.88 461.54 2001 217.05 193.92 195.06 519.78 497.83 481.03 2002 209.93 186.27 183.54 517.65 503.04 482.71 2003 189.42 193.88 176.10 471.66 526.65 462.29 1996-2003 Average 215.01 203.71 193.54 509.25 510.44 470.07 Average Annual Govt. Payments ($1000) 1995 83.26 83.26 83.26 215.71 215.71 215.71 1996 121.90 89.06 85.70 320.11 243.28 226.12 1997 125.04 80.13 92.81 326.90 218.56 243.58 1998 116.13 86.79 85.74 311.02 236.53 232.04 1999 112.04 82.60 82.43 302.24 225.02 223.60 2000 104.97 68.49 76.67 283.80 186.57 207.31 2001 100.89 55.84 73.33 265.75 152.11 192.73 2002 97.44 52.48 69.92 258.89 142.93 184.94 2003 71.39 52.48 53.02 188.19 142.93 139.48 1996-2003 Average 106.23 70.98 77.45 282.11 193.49 206.23 Average Annual Real Net Worth w/o Land Inflation ($1,0 1995 928.95 928.95 928.95 3847.28 3847.28 3847.28 1996 993.19 995.59 985.32 3933.42 3946.59 3917.47 1997 1029.23 1022.58 1011.09 3985.68 3987.47 3947.79 1998 1081.84 1070.31 1055.27 4039.68 4036.70 3984.65 1999 1127.16 1112.62 1092.01 4063.15 4061.74 3991.76 2000 1159.56 1140.72 1115.72 4072.71 4069.52 3985.67 2001 1191.36 1164.46 1139.81 4081.67 4071.68 3982.42 2002 1197.80 1163.48 1138.93 4080.92 4065.10 3972.08 2003 1217.03 1183.90 1155.11 4048.39 4046.87 3937.93 1996-2003 Average 1124.65 1106.71 1086.66 4038.20 4035.71 3964.97 Average Annual Real Net Worth ($1000) 1995 928.95 928.95 928.95 3847.28 3847.28 3847.28 1996 987.35 989.72 979.45 3894.08 3906.96 3877.84 1997 1019.75 1010.81 999.32 3927.42 3906.20 3866.52 1998 1067.84 1053.67 1038.63 3952.14 3922.66 3870.62 1999 1109.15 1090.64 1070.04 3949.81 3908.77 3838.79 2000 1136.15 1112.45 1087.45 3918.43 3866.64 3782.80 2001 1164.56 1132.81 1108.16 3905.11 3846.63 3757.37 2002 1167.48 1127.52 1102.97 3879.71 3807.49 3714.47 2003 1182.76 1143.97 1115.19 3817.17 3759.11 3650.16 1996-2003 Average 1104.38 1082.70 1062.65 3905.48 3865.56 3794.82 NIA for Real Net Worth w/o Land Inflation 1996-2003 in Dollars ($1000) -75.09 -67.71 -58.19 -60.84 -62.76 -27.37 NIA for Real Net Worth w/o Land Inflation 1996-2003 as % Receipts (%) -11.28 -10.14 -9.08 -3.54 -3.68 -1.67 NIA for Total Real Net Worth 1996-2003 in Dollars ($1000) -67.16 -57.37 -51.54 0.00 27.91 61.01 NIA for Total Real Net Worth 1996-2003 as % Receipts (%) -10.09 -8.59 -8.04 0.00 1.63 3.71 ____________________________________________________________________________________________________
Appendix Table C18. Implication of Continuing the Current Farm Program vs. the Freedom to Farm Act (FTFA) and a 30% Normal Flex Option on Representative Farms in Arkansas & Louisiana. ____________________________________________________________________________________________________ Arkansas Rice Farm Louisiana Rice Farm ____________________________ ____________________________ Baseline FTFA 30% FLEX Baseline FTFA 30% FLEX ____________________________________________________________________________________________________ Average Change in Real Net Worth w/o Land Inflation 1995-2003 -54.38 -66.88 -65.44 -41.45 -46.36 -54.03 Average Change in Real Net Worth 1995-2003 (%) -60.28 -73.91 -72.47 -43.57 -48.89 -56.57 Average Annual Net Cash Income ($1000) 1995 18.37 18.37 18.37 51.56 51.56 51.56 1996 63.20 58.11 40.71 84.91 92.21 74.27 1997 58.40 18.28 37.17 82.29 64.17 71.43 1998 49.06 23.83 26.53 78.69 70.28 67.30 1999 42.10 20.39 18.81 62.99 57.26 51.21 2000 26.29 -2.23 0.79 55.47 46.56 43.11 2001 14.00 -20.51 -7.87 34.99 20.26 22.87 2002 -6.61 -28.87 -20.37 20.72 15.97 16.54 2003 -44.61 -44.39 -58.56 -1.70 12.27 -3.56 1996-2003 Average 25.23 3.08 4.65 52.29 47.37 42.90 Average Annual Govt. Payments ($1000) 1995 87.20 87.20 87.20 50.50 50.50 50.50 1996 139.53 96.52 105.22 82.92 55.65 61.56 1997 138.02 86.86 110.81 81.59 50.14 64.38 1998 130.60 94.03 104.95 77.04 54.32 60.89 1999 124.91 89.45 98.17 73.88 51.70 57.18 2000 115.18 74.17 88.28 68.34 42.88 51.75 2001 112.90 60.47 86.02 67.08 34.96 50.59 2002 105.70 56.40 78.85 62.83 32.85 46.39 2003 72.74 56.40 53.75 42.42 32.85 31.35 1996-2003 Average 117.45 76.79 90.76 69.51 44.42 53.01 Average Annual Real Net Worth w/o Land Inflation ($1,0 1995 812.75 812.75 812.75 236.63 236.63 236.63 1996 776.90 773.22 760.33 250.63 253.53 247.11 1997 750.78 711.71 715.98 259.80 254.14 251.93 1998 720.91 661.27 668.00 275.32 264.85 260.97 1999 685.72 611.59 616.79 268.10 254.57 247.85 2000 620.39 524.92 532.34 265.14 244.97 235.73 2001 551.84 447.66 464.55 228.08 197.28 190.37 2002 463.13 368.81 391.43 186.19 161.77 157.41 2003 370.81 269.19 280.87 138.55 126.92 108.77 1996-2003 Average 617.56 546.05 553.79 233.98 219.75 212.52 Average Annual Real Net Worth ($1000) 1995 812.75 812.75 812.75 236.63 236.63 236.63 1996 768.72 765.00 752.11 249.77 252.67 246.25 1997 737.87 695.10 699.37 258.45 252.40 250.19 1998 701.75 637.84 644.57 273.32 262.40 258.52 1999 661.01 580.50 585.70 265.52 251.31 244.59 2000 587.84 484.52 491.95 261.74 240.74 231.50 2001 514.57 402.56 419.45 224.18 192.55 185.64 2002 420.87 317.45 340.08 181.77 156.38 152.02 2003 322.79 212.05 223.74 133.53 120.93 102.78 1996-2003 Average 589.43 511.88 519.62 231.04 216.17 208.93 NIA for Real Net Worth w/o Land Inflation 1996-2003 in Dollars ($1000) 81.87 101.60 99.75 18.42 23.84 27.18 NIA for Real Net Worth w/o Land Inflation 1996-2003 as % Receipts (%) 17.48 22.70 22.09 6.02 7.93 9.14 NIA for Total Real Net Worth 1996-2003 in Dollars ($1000) 92.38 114.25 112.63 19.33 24.95 28.28 NIA for Total Real Net Worth 1996-2003 as % Receipts (%) 19.72 25.53 24.95 6.32 8.29 9.51 ____________________________________________________________________________________________________