Table 9.  Implications of the Agricultural Market Transition Program (1995 Farm Bill) and December 1995 FAPRI Baseline on the
          Economic Viability of Representative Farms that Primarily Produce Milk.
_______________________________________________________________________________________________________________________________

                  CAD2150   WAD175    WAD850    TXCD300   TXCD720   TXED200   TXED812   WID55     WID190    NYWD600   NYWD1000
_______________________________________________________________________________________________________________________________

Change in Real Net Worth w/o Land
Inflation 1996-200   128.32     49.63     33.33    -58.70    108.18   -100.00     30.24     38.00     44.93     73.20    104.19

Change in Real Net Worth
1996-2002 (%)        124.67     46.52     29.21    -63.00    107.11   -100.00     32.58     36.88     43.56     72.61    104.18

Government Payments to Receipts (%)
1996-2002 Average      0.00      0.00      0.00      0.00      0.00      0.00      0.00      0.93      0.40      0.00      0.00

Expenses to Receipts (%)
1996-2002 Average     72.20     80.86     90.73    104.37     79.42    113.19     92.48     61.80     78.88     80.51     69.28

Average Cash Receipts ($1000)
             1996   6278.07    564.77   2761.56    733.73   2113.91    509.44   2187.46    173.61    611.46   1867.21   3081.85
             1997   6286.62    567.03   2768.75    758.31   2185.22    502.91   2157.54    173.30    608.58   1877.80   3095.25
             1998   6547.62    586.60   2867.77    773.26   2228.72    525.87   2257.26    179.88    628.22   1952.51   3216.32
             1999   6870.81    598.79   2926.63    815.96   2353.17    558.78   2392.04    184.96    645.78   2003.49   3292.47
             2000   7179.89    624.15   3049.98    831.35   2399.21    581.06   2481.91    190.05    664.03   2102.07   3457.20
             2001   7282.09    630.59   3080.36    847.90   2448.93    589.35   2503.72    194.35    679.13   2112.33   3474.44
             2002   7469.39    646.76   3158.15    872.42   2520.67    601.35   2552.50    195.10    684.81   2183.22   3577.48
1996-2002 Average   6844.93    602.67   2944.74    804.70   2321.41    552.68   2361.78    184.47    646.00   2014.09   3313.57

Average Net Cash Income ($1000)
             1996   1291.82     86.25    161.46    -63.82    234.42   -101.28     46.44     50.62    111.21    255.89    744.35
             1997   1394.29     86.00    141.45    -44.00    345.19   -111.52     32.68     61.83    109.26    295.44    822.93
             1998   1675.59    101.18    213.96    -39.87    414.85   -101.05    109.42     68.92    128.32    375.81    988.53
             1999   2006.99    113.49    266.09    -13.26    551.67    -60.84    223.63     75.35    142.68    422.31   1101.69
             2000   2288.34    138.72    373.24    -17.18    601.46    -39.92    304.83     78.08    154.16    485.30   1228.59
             2001   2289.94    138.95    371.41    -27.99    607.15    -37.18    298.97     83.10    165.52    476.10   1172.80
             2002   2573.74    161.05    478.77     -8.93    690.32    -18.02    367.84     81.04    162.68    549.46   1221.57
1996-2002 Average   1931.53    117.95    286.63    -30.72    492.15    -67.11    197.69     71.28    139.12    408.62   1040.07

Average Government Payments ($1000)
             1996      0.00      0.00      0.00      0.00      0.00      0.00      0.00      1.38      2.07      0.00      0.00
             1997      0.00      0.00      0.00      0.00      0.00      0.00      0.00      1.91      2.86      0.00      0.00
             1998      0.00      0.00      0.00      0.00      0.00      0.00      0.00      2.05      3.08      0.00      0.00
             1999      0.00      0.00      0.00      0.00      0.00      0.00      0.00      1.98      2.98      0.00      0.00
             2000      0.00      0.00      0.00      0.00      0.00      0.00      0.00      1.80      2.71      0.00      0.00
             2001      0.00      0.00      0.00      0.00      0.00      0.00      0.00      1.45      2.18      0.00      0.00
             2002      0.00      0.00      0.00      0.00      0.00      0.00      0.00      1.41      2.12      0.00      0.00
1996-2002 Average      0.00      0.00      0.00      0.00      0.00      0.00      0.00      1.71      2.57      0.00      0.00

Average Total Debt ($1000)
             1996    788.35    149.84    821.81    509.50    563.91    566.72    827.80    144.49    324.20    498.07    585.16
             1997    159.09    140.92    770.21    582.14    344.64    707.50    871.53    127.99    315.04    434.37    381.32
             1998      0.00    133.15    704.57    666.80    137.94    836.72    971.25     98.02    295.04    337.49     39.50
             1999      0.00    113.64    646.74    752.84     36.26    963.10    916.74     96.29    254.83    202.77      0.00
             2000      0.00     88.98    590.13    840.05      3.14   1125.14    861.97     67.39    207.03     84.54      0.00
             2001      0.00     72.30    492.51    906.90      0.00   1215.86    813.46     80.24    246.79     31.35      0.00
             2002      0.00     34.24    363.79   1001.72      0.00   1281.58    688.35     43.80    163.58      8.71      0.00
1996-2002 Average    135.35    104.72    627.11    751.42    155.13    956.66    850.16     94.03    258.07    228.19    143.71

Average Nominal Net Worth ($1000)
             1996   5747.86    601.43   2363.66    576.55   1884.30    374.96   2083.26    370.00    859.26   1647.97   3401.68
             1997   6382.19    634.76   2393.31    498.80   2093.14    237.78   2069.55    393.00    909.65   1789.16   3847.16
             1998   7340.33    670.96   2477.57    440.57   2369.74      0.00   2152.32    414.93    970.39   1966.38   4321.60
             1999   8760.44    731.28   2661.44    427.94   2817.55      0.00   2369.09    456.23   1063.40   2231.03   5013.53
             2000  10255.35    809.37   2913.70    395.44   3273.14      0.00   2647.72    490.33   1167.02   2522.11   5765.62
             2001  11950.58    900.39   3207.40    370.30   3815.27      0.00   3010.35    537.93   1288.60   2829.29   6529.56
             2002  13400.27    975.11   3461.46    293.15   4278.45      0.00   3249.33    564.89   1359.81   3127.28   7215.35
1996-2002 Average   9119.57    760.47   2782.65    428.96   2933.08   -226.18   2511.66    461.05   1088.31   2301.89   5156.36

NIA for Real Net Worth w/o Land Inflation 1996-2002
in Dollars ($1000) -1618.74    -65.24   -156.43     47.08   -365.55     74.85   -108.63    -32.41    -73.81   -263.54   -763.42

NIA for Real Net Worth w/o Land Inflation 1996-2002
as % Receipts (%)    -23.77    -10.82     -5.31      5.85    -15.75     13.54     -4.60    -17.97    -11.43    -13.08    -23.04

NIA for Total Real Net Worth 1996-2002
in Dollars ($1000) -1569.53    -60.00   -138.99     51.58   -362.43     73.45   -116.08    -31.95    -72.34   -263.40   -767.76

NIA for Total Real Net Worth 1996-2002
as % Receipts (%)    -23.05     -9.96     -4.72      6.41    -15.61     13.29     -4.91    -17.71    -11.20    -13.08    -23.17
_______________________________________________________________________________________________________________________________



Table 10. Implications of the Agricultural Market Transition Program (1995 Farm Bill) and December 1995 FAPRI Baseline on the Economic Viability of Representative Farms that Primarily Produce Milk. _______________________________________________________________________________________________________________________________ NYCD110 NYCD225 VTD70 VTD186 MOD77 MOD220 GAD160 GAD600 FLD375 FLD1500 NMD2000 _______________________________________________________________________________________________________________________________ Change in Real Net Worth w/o Land Inflation 1996-200 -58.30 32.51 1.01 -20.50 41.09 45.94 36.56 77.80 23.82 71.99 43.04 Change in Real Net Worth 1996-2002 (%) -61.35 33.47 1.73 -16.53 41.94 44.39 33.71 77.77 23.38 75.29 38.17 Government Payments to Receipts (%) 1996-2002 Average 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Expenses to Receipts (%) 1996-2002 Average 99.59 85.30 81.68 96.62 70.96 77.16 84.68 83.65 93.35 84.79 92.55 Average Cash Receipts ($1000) 1996 317.80 673.76 228.35 547.60 233.96 692.41 481.66 1948.51 1119.46 4666.24 5531.24 1997 318.02 676.36 232.46 554.15 238.81 704.04 490.48 1982.42 1139.26 4749.85 5518.90 1998 330.93 702.32 239.03 568.14 248.27 732.34 508.78 2054.88 1172.93 4895.85 5746.22 1999 340.85 722.62 249.34 590.67 261.66 766.30 534.60 2155.19 1224.56 5106.08 5982.28 2000 359.04 760.48 259.13 611.08 273.18 796.60 556.83 2242.48 1257.99 5249.49 6222.51 2001 362.57 763.82 261.32 615.72 280.89 813.42 571.39 2297.97 1279.94 5352.23 6303.05 2002 373.86 788.24 268.86 634.32 288.49 833.79 591.32 2378.12 1313.54 5495.05 6447.43 1996-2002 Average 343.29 726.80 248.35 588.81 260.75 762.70 533.58 2151.36 1215.38 5073.54 5964.52 Average Net Cash Income ($1000) 1996 2.96 75.04 28.38 -4.39 52.31 108.18 42.67 193.77 25.74 466.93 16.26 1997 -6.00 65.63 34.29 6.56 53.46 123.26 46.05 212.42 29.34 523.94 89.66 1998 2.17 91.46 40.29 15.58 62.64 150.67 59.83 272.18 60.19 674.37 423.37 1999 4.64 113.56 50.16 31.42 76.83 179.38 86.17 368.76 99.03 840.01 464.15 2000 12.40 144.51 57.76 41.58 91.75 210.25 106.39 443.46 113.44 931.61 656.84 2001 3.42 136.72 54.32 26.13 95.96 220.52 111.89 476.98 114.60 965.41 721.98 2002 10.12 162.56 60.73 39.63 105.95 249.05 136.69 560.09 146.43 1099.73 923.65 1996-2002 Average 4.25 112.78 46.56 22.36 76.98 177.33 84.24 361.09 84.11 786.00 470.84 Average Government Payments ($1000) 1996 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1997 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1998 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1999 0.02 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2000 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2001 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2002 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1996-2002 Average 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Average Total Debt ($1000) 1996 291.46 341.76 222.17 469.07 121.31 344.16 175.80 479.53 336.69 902.08 1716.56 1997 336.81 367.08 230.55 506.97 125.77 328.99 176.50 401.63 357.26 731.93 1724.83 1998 376.23 339.22 220.88 534.87 104.25 313.58 163.61 339.07 342.86 693.26 1535.68 1999 440.50 339.70 208.48 551.03 86.77 277.51 150.42 237.36 327.97 181.35 1429.20 2000 504.37 303.37 223.73 626.38 70.63 248.89 164.68 43.73 296.05 12.06 1295.79 2001 555.24 279.73 232.24 661.25 51.52 154.43 149.94 3.91 273.82 0.00 1132.79 2002 586.58 236.97 232.13 688.05 69.93 144.37 125.93 0.00 251.37 0.00 770.48 1996-2002 Average 441.60 315.40 224.31 576.80 90.03 258.85 158.12 215.03 312.29 360.10 1372.19 Average Nominal Net Worth ($1000) 1996 378.62 680.04 431.51 686.24 321.66 962.58 484.36 1621.57 904.72 4378.27 4324.17 1997 329.88 689.65 438.55 666.71 338.81 1016.51 493.93 1739.91 901.93 4726.34 4246.12 1998 295.76 714.81 443.33 651.77 349.16 1079.48 506.19 1884.67 924.32 5185.32 4504.46 1999 272.82 787.45 461.69 670.61 381.26 1177.17 556.05 2174.14 1016.44 5899.88 5075.18 2000 253.78 870.78 485.35 701.49 421.45 1294.79 617.00 2486.15 1106.15 6674.65 5647.61 2001 223.07 960.61 499.08 702.71 468.76 1414.51 683.05 2860.99 1223.91 7560.01 6503.45 2002 183.24 1031.99 514.31 712.17 515.53 1544.01 746.95 3189.56 1311.43 8341.03 7135.73 1996-2002 Average 276.74 819.33 467.69 684.53 399.52 1212.72 583.93 2279.57 1055.56 6109.36 5348.10 NIA for Real Net Worth w/o Land Inflation 1996-2002 in Dollars ($1000) 36.76 -42.95 -0.81 22.76 -29.44 -100.56 -36.30 -251.75 -41.01 -596.34 -324.92 NIA for Real Net Worth w/o Land Inflation 1996-2002 as % Receipts (%) 10.71 -5.91 -0.33 3.86 -11.29 -13.18 -6.80 -11.70 -3.37 -11.75 -5.45 NIA for Total Real Net Worth 1996-2002 in Dollars ($1000) 39.55 -45.00 -1.39 19.09 -30.18 -98.32 -33.83 -251.92 -40.33 -617.62 -292.06 NIA for Total Real Net Worth 1996-2002 as % Receipts (%) 11.52 -6.19 -0.56 3.24 -11.58 -12.89 -6.34 -11.71 -3.32 -12.17 -4.90 _______________________________________________________________________________________________________________________________