Appendix Table D1. Characteristics of Panel Farms in Iowa, Missouri, and Nebraska Producing Feed Grains.
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                      IAG760   IAG1500  MOG1250  MOG2400  NEG800   NEG1575
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Total Cropland             760     1500     1250     2400      800     1575
 Acres Owned               140      132      550      840      400     1040
 Acres Leased              620     1368      700     1560      400      535

Assets ($1000)
 Total                     474      567      782     1401     1159     2326
 Real Estate               302      282      553      902      792     1893
 Machinery                 148      242      229      435      258      336
 Other & Livestock          24       44        0       63      108       98

Debt/Asset Ratios*
 Total                    0.29     0.32     0.23     0.30     0.23     0.21
 Intermediate             0.51     0.44     0.29     0.51     0.32     0.28
 Long Run                 0.18     0.19     0.20     0.19     0.19     0.19

1994 Livestock
Beef Cows                    0        0        0        0      100        0

1994 Gross Receipts ($1000)*
Total                    199.9    278.8    221.5    450.0    361.0    647.9

 Cattle                    0.0      0.0      0.0      0.0     51.4      0.0
                           0.0%     0.0%     0.0%     0.0%    14.2%     0.0%

 Corn                    118.4    155.9     86.2    181.3    298.3    647.9
                          59.2%    55.9%    38.9%    40.3%    82.6%   100.0%

 Wheat                     0.0      0.0     24.5     46.0      0.0      0.0
                           0.0%     0.0%    11.0%    10.2%     0.0%     0.0%

 Soybeans                 81.6    122.8    110.9    222.7     11.0      0.0
                          40.8%    44.1%    50.0%    49.5%     3.1%     0.0%

 Hay                       0.0      0.0      0.0      0.0      0.3      0.0
                           0.0%     0.0%     0.0%     0.0%     0.1%     0.0%

1994 Planted Acres**
Total                    720.0   1460.0   1150.1   2300.0    800.0   1500.0

 Corn                    360.0    690.2    350.0    700.0    720.0   1500.0
                          50.0%    47.3%    30.4%    30.4%    90.0%   100.0%

 Wheat                     0.0      0.0    168.8    337.5      0.0      0.0
                           0.0%     0.0%    14.7%    14.7%     0.0%     0.0%

 Soybeans                360.0    769.8    631.3   1262.5     50.0      0.0
                          50.0%    52.7%    54.9%    54.9%     6.3%     0.0%

 Hay                       0.0      0.0      0.0      0.0     30.0      0.0
                           0.0%     0.0%     0.0%     0.0%     3.8%     0.0%

 *Receipts for 1994 are included to indicate the relative importance of each enterprise to the farm. Pe
   indicate the percentage of the total receipts accounted for by the livestock categories and the crop
**Acreages for 1994 are included to indicate the relative importance of each enterprise to the farm; th
   reflect acreage reduction percentages that year. Total planted acreage may exceed total cropland ava
   to double cropping. Percents indicate the percentage of total planted acreage accounted for by the c
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Appendix Table D2. Characteristics of Panel Farms in Texas and South Carolina Producing Feed Grains. ____________________________________________________________________________________________________ TXNP1600 TXNP4500 SCG1500 SCG3500 ____________________________________________________________________________________________________ Total Cropland 1600 4500 1500 3500 Acres Owned 320 900 500 1400 Acres Leased 1280 3600 1000 2100 Assets ($1000) Total 605 1402 843 2720 Real Estate 172 500 527 1816 Machinery 368 801 254 700 Other 66 101 62 204 Debt/Asset Ratios* Total 0.23 0.33 0.29 0.29 Intermediate 0.28 0.41 0.45 0.48 Long Run 0.15 0.19 0.20 0.19 1994 Gross Receipts ($1000)* Total 357.5 879.2 579.0 1241.8 Corn 174.0 369.0 234.0 520.7 48.7% 42.0% 40.4% 41.9% Sorghum 73.1 221.1 0.0 0.0 20.4% 25.1% 0.0% 0.0% Wheat 110.5 289.1 157.8 195.5 30.9% 32.9% 27.3% 15.7% Soybeans 0.0 0.0 187.2 406.9 0.0% 0.0% 32.3% 32.8% Cotton 0.0 0.0 0.0 118.8 0.0% 0.0% 0.0% 9.6% 1994 Planted Acres** Total 1392.0 4700.0 2250.0 4567.3 Corn 470.0 1048.0 637.5 1450.0 33.8% 22.3% 28.3% 31.7% Sorghum 280.0 847.0 0.0 0.0 20.1% 18.0% 0.0% 0.0% Wheat 642.0 1680.0 750.0 1100.0 46.1% 35.7% 33.3% 24.1% Soybeans 0.0 0.0 862.5 1825.0 0.0% 0.0% 38.3% 40.0% Cotton 0.0 0.0 0.0 192.3 0.0% 0.0% 0.0% 4.2% *Receipts for 1994 are included to indicate the relative importance of each enterprise to the farm. Pe indicate the percentage of the total receipts accounted for by the crop. **Acreages for 1994 are included to indicate the relative importance of each enterprise to the farm; th reflect acreage reduction percentages that year. Total planted acreage may exceed total cropland ava to double cropping. Percents indicate the percentage of total planted acreage accounted for by the c ____________________________________________________________________________________________________
Appendix Table D3. Characteristics of Panel Farms in Washington, North Dakota, Kansas and Colorado Producing Wheat. ____________________________________________________________________________________________________ WAW1276 WAW4250 NDW1600 NDW4000 KSW1175 KSW2800 COW2500 COW4000 ____________________________________________________________________________________________________ Total Cropland 1276 4250 1600 4000 1175 2800 2500 4000 Acres Owned 638 1700 400 1600 388 250 1650 2000 Acres Leased 638 2550 1200 2400 787 2550 850 2000 Assets ($1000) Total 1140 3162 380 1643 511 644 804 1188 Real Estate 889 2362 193 792 290 333 664 912 Machinery 248 745 187 852 220 312 120 277 Other 3 55 0 0 0 0 20 0 Debt/Asset Ratios* Total 0.21 0.20 0.31 0.36 0.32 0.20 0.20 0.21 Intermediate 0.25 0.25 0.34 0.47 0.39 0.19 0.27 0.25 Long Run 0.19 0.19 0.28 0.24 0.27 0.21 0.19 0.19 1994 Gross Receipts ($1000)* Total 256.5 815.2 203.6 544.4 129.3 262.3 151.5 242.7 Wheat 176.5 552.2 103.1 315.0 120.2 252.9 108.1 186.9 68.8% 67.7% 50.7% 57.9% 92.9% 96.4% 71.4% 77.0% Sorghum 0.0 0.0 0.0 0.0 9.1 9.4 0.0 0.0 0.0% 0.0% 0.0% 0.0% 7.1% 3.6% 0.0% 0.0% Barley 16.1 48.1 44.9 120.1 0.0 0.0 0.0 0.0 6.3% 5.9% 22.1% 22.1% 0.0% 0.0% 0.0% 0.0% Dry Peas 63.9 214.9 0.0 0.0 0.0 0.0 0.0 0.0 24.9% 26.4% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% Sunflowers 0.0 0.0 55.5 109.3 0.0 0.0 0.0 0.0 0.0% 0.0% 27.3% 20.1% 0.0% 0.0% 0.0% 0.0% Millet 0.0 0.0 0.0 0.0 0.0 0.0 30.0 37.6 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 19.8% 15.5% 1994 Planted Acres** Total 1250.1 4200.0 1600.0 4000.0 1175.0 2800.0 2500.0 3500.0 Wheat 611.8 1915.2 800.0 2200.0 1100.0 2680.0 1100.0 1600.0 48.9% 45.6% 50.0% 55.0% 93.6% 95.7% 44.0% 45.7% Sorghum 0.0 0.0 0.0 0.0 75.0 120.0 0.0 0.0 0.0% 0.0% 0.0% 0.0% 6.4% 4.3% 0.0% 0.0% Barley 140.3 394.8 400.0 1000.0 0.0 0.0 0.0 0.0 11.2% 9.4% 25.0% 25.0% 0.0% 0.0% 0.0% 0.0% Dry Peas 498.0 1640.0 0.0 0.0 0.0 0.0 0.0 0.0 39.8% 39.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% Sunflowers 0.0 0.0 400.0 800.0 0.0 0.0 0.0 0.0 0.0% 0.0% 25.0% 20.0% 0.0% 0.0% 0.0% 0.0% Millet 0.0 0.0 0.0 0.0 0.0 0.0 300.0 400.0 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 12.0% 11.4% Fallow 0.0 250.0 0.0 0.0 0.0 0.0 1100.0 1500.0 0.0% 6.0% 0.0% 0.0% 0.0% 0.0% 44.0% 42.9% *Receipts for 1994 are included to indicate the relative importance of each enterprise to the farm. Pe indicate the percentage of the total receipts accounted for by the crop. **Acreages for 1994 are included to indicate the relative importance of each enterprise to the farm; th reflect acreage reduction percentages that year. Total planted acreage may exceed total cropland ava to double cropping. Percents indicate the percentage of total planted acreage accounted for by the c ____________________________________________________________________________________________________
Appendix Table D4. Characteristics of Panel Farms in Texas Producing Cotton. ____________________________________________________________________________________________________ TXSP1360 TXSP3334 TXRP1700 TXRP2500 TXBL1200 TXCB1700 ____________________________________________________________________________________________________ Total Cropland 1360 3334 1700 2500 1200 1700 Acres Owned 340 1100 170 400 250 300 Acres Leased 1020 2234 1530 2100 950 1400 Pastureland Acres Leased 0 0 250 0 0 0 Non-Fed AUM'S Leased 0 0 0 500 0 0 Federal AUM'S Leased 0 0 0 0 0 0 Assets ($1000) Total 314 920 288 535 527 541 Real Estate 148 497 74 218 244 266 Machinery 166 423 159 213 241 218 Other & Livestock 0 0 54 104 42 57 Debt/Asset Ratios* Total 0.40 0.30 0.26 0.24 0.29 0.29 Intermediate 0.43 0.36 0.29 0.28 0.38 0.38 Long Run 0.36 0.24 0.19 0.19 0.19 0.19 1994 Livestock Beef Cows 0 0 50 75 0 0 1994 Gross Receipts ($1000)* Total 168.7 473.6 231.0 389.4 263.6 498.4 Cattle 0.0 0.0 16.9 24.3 0.0 0.0 0.0% 0.0% 7.3% 6.2% 0.0% 0.0% Cotton 168.7 473.6 203.5 348.7 173.4 362.7 100.0% 100.0% 88.1% 89.5% 65.8% 72.8% Sorghum 0.0 0.0 0.0 0.0 90.2 135.7 0.0% 0.0% 0.0% 0.0% 34.2% 27.2% Wheat 0.0 0.0 10.6 16.4 0.0 0.0 0.0% 0.0% 4.6% 4.2% 0.0% 0.0% 1994 Planted Acres** Total 811.7 2227.5 1185.0 1808.4 1129.9 1625.9 Cotton 811.7 2227.5 985.0 1508.4 589.9 860.9 100.0% 100.0% 83.1% 83.4% 52.2% 52.9% Sorghum 0.0 0.0 0.0 0.0 540.0 765.0 0.0% 0.0% 0.0% 0.0% 47.8% 47.1% Wheat 0.0 0.0 200.0 300.0 0.0 0.0 0.0% 0.0% 16.9% 16.6% 0.0% 0.0% *Receipts for 1994 are included to indicate the relative importance of each enterprise to the farm. Pe indicate the percentage of the total receipts accounted for by the livestock categories and the crop **Acreages for 1994 are included to indicate the relative importance of each enterprise to the farm; th reflect acreage reduction percentages that year. Total planted acreage may exceed total cropland ava to double cropping. Percents indicate the percentage of total planted acreage accounted for by the c ____________________________________________________________________________________________________
Appendix Table D5. Characteristics of Panel Farms in California and Mississippi Producing Cotton. ____________________________________________________________________________________________________ CAC900 CAC3150 MSC1635 MSC3620 ____________________________________________________________________________________________________ Total Cropland 900 3150 1635 3620 Acres Owned 600 3150 735 1650 Acres Leased 300 0 900 1970 Assets ($1000) Total 2190 9160 1482 3109 Real Estate 1674 7908 878 1878 Machinery 431 994 560 1065 Other 85 258 45 166 Debt/Asset Ratios* Total 0.21 0.17 0.23 0.24 Intermediate 0.26 0.02 0.28 0.31 Long Run 0.19 0.19 0.19 0.19 1994 Gross Receipts ($1000)* Total 958.1 3308.9 763.9 1544.5 Cotton 717.7 2545.6 664.2 1274.2 74.9% 76.9% 86.9% 82.5% Soybeans 0.0 0.0 99.7 270.3 0.0% 0.0% 13.1% 17.5% Hay 240.5 763.3 0.0 0.0 25.1% 23.1% 0.0% 0.0% 1994 Planted Acres** Total 795.2 2784.0 1464.1 3134.7 Cotton 570.2 1782.0 824.1 1514.7 71.7% 64.0% 56.3% 48.3% Soybeans 0.0 0.0 640.0 1620.0 0.0% 0.0% 43.7% 51.7% Hay 225.0 1002.0 0.0 0.0 28.3% 36.0% 0.0% 0.0% *Receipts for 1994 are included to indicate the relative importance of each enterprise to the farm. Pe indicate the percentage of the total receipts accounted for by the crop. **Acreages for 1994 are included to indicate the relative importance of each enterprise to the farm; th reflect acreage reduction percentages that year. Total planted acreage may exceed total cropland ava to double cropping. Percents indicate the percentage of total planted acreage accounted for by the c ____________________________________________________________________________________________________
Appendix Table D6. Characteristics of Panel Farms in California, Texas, Missouri, Arkansas, and Louisiana Producing Rice. ____________________________________________________________________________________________________ CAR424 CAR1300 TXR1500 TXR3900 MOR1900 MOR4000 ARR1260 LAR1100 ____________________________________________________________________________________________________ Total Cropland 424 1300 1500 3900 1900 4000 1260 1100 Acres Owned 212 500 150 780 200 2000 440 50 Acres Leased 212 800 1350 3120 1700 2000 820 1050 Assets ($1000) Total 606 1610 395 1109 1145 5214 1271 296 Real Estate 444 1289 137 520 469 3647 688 72 Machinery 161 320 258 589 526 1253 568 197 Other 1 0 0 0 150 314 14 26 Debt/Asset Ratios* Total 0.20 0.27 0.46 0.43 0.23 0.26 0.28 0.20 Intermediate 0.22 0.42 0.38 0.47 0.25 0.40 0.39 0.20 Long Run 0.20 0.23 0.62 0.39 0.19 0.19 0.19 0.19 1994 Gross Receipts ($1000)* Total 288.8 776.4 330.9 805.9 664.1 1701.8 445.8 288.5 Medium Grain Rice 288.8 776.4 0.0 0.0 0.0 0.0 165.3 82.8 100.0% 100.0% 0.0% 0.0% 0.0% 0.0% 37.1% 28.7% Long Grain Rice 0.0 0.0 330.9 805.9 265.0 705.5 151.7 156.0 0.0% 0.0% 100.0% 100.0% 39.9% 41.5% 34.0% 54.1% Soybeans 0.0 0.0 0.0 0.0 130.5 345.0 107.0 49.7 0.0% 0.0% 0.0% 0.0% 19.7% 20.3% 24.0% 17.2% Corn 0.0 0.0 0.0 0.0 268.6 507.5 0.0 0.0 0.0% 0.0% 0.0% 0.0% 40.4% 29.8% 0.0% 0.0% Wheat 0.0 0.0 0.0 0.0 0.0 0.0 20.8 0.0 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 4.7% 0.0% Cotton 0.0 0.0 0.0 0.0 0.0 143.7 0.0 0.0 0.0% 0.0% 0.0% 0.0% 0.0% 8.4% 0.0% 0.0% Other Income 0.0 0.0 0.0 0.0 0.0 0.0 1.0 0.0 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.2% 0.0% 1994 Planted Acres** Total 400.0 1020.0 425.0 1105.0 1900.0 3956.4 1283.4 900.0 Medium Grain Rice 400.0 1020.0 0.0 0.0 0.0 0.0 311.8 175.0 100.0% 100.0% 0.0% 0.0% 0.0% 0.0% 24.3% 19.4% Long Grain Rice 0.0 0.0 425.0 1105.0 510.0 1020.0 290.0 325.0 0.0% 0.0% 100.0% 100.0% 26.8% 25.8% 22.6% 36.1% Soybeans 0.0 0.0 0.0 0.0 650.0 1600.0 558.3 400.0 0.0% 0.0% 0.0% 0.0% 34.2% 40.4% 43.5% 44.4% Corn 0.0 0.0 0.0 0.0 740.0 1080.0 0.0 0.0 0.0% 0.0% 0.0% 0.0% 38.9% 27.3% 0.0% 0.0% Wheat 0.0 0.0 0.0 0.0 0.0 0.0 123.3 0.0 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 9.6% 0.0% Cotton 0.0 0.0 0.0 0.0 0.0 256.4 0.0 0.0 0.0% 0.0% 0.0% 0.0% 0.0% 6.5% 0.0% 0.0% *Receipts for 1994 are included to indicate the relative importance of each enterprise to the farm. Pe indicate the percentage of the total receipts accounted for by the crop. **Acreages for 1994 are included to indicate the relative importance of each enterprise to the farm; th reflect acreage reduction percentages that year. Total planted acreage may exceed total cropland ava to double cropping. Percents indicate the percentage of total planted acreage accounted for by the c ____________________________________________________________________________________________________