Table B1. Percentage Change in Net Cash Farm Income From the Baseline For a 50 and 100 Point
Increase in the 90 Day Treasury Bill Rate for Feed Grain Farms.
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Moderate Large
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BASELINE 50 PT 100 PT BASELINE 50 PT 100 PT
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($1,000's) ($1,000's)
Iowa
1997 101.23 -0.90% -1.68% 209.16 -0.57% -1.05%
1998 105.80 -1.68% -2.84% 221.48 -1.10% -1.74%
1999 111.82 -1.14% -2.42% 233.61 -0.54% -1.16%
2000 119.36 -0.72% -1.94% 244.74 -0.19% -0.81%
2001 122.75 -1.24% -2.43% 251.07 -0.52% -1.00%
2002 127.81 -1.10% -2.07% 265.61 -0.15% -0.05%
1997-2002 Average 114.79 -1.12% -2.22% 237.61 -0.49% -0.94%
Central Missouri
1997 171.75 -0.62% -1.17% 381.35 -0.46% -0.85%
1998 177.59 -1.10% -1.84% 395.64 -0.90% -1.46%
1999 193.31 -0.67% -1.43% 419.22 -0.53% -1.13%
2000 202.94 -0.30% -0.87% 425.62 -0.12% -0.56%
2001 216.08 -0.69% -1.33% 446.95 -0.25% -0.45%
2002 232.70 -0.47% -0.70% 471.77 0.02% 0.28%
1997-2002 Average 199.06 -0.63% -1.20% 423.43 -0.36% -0.66%
Northern Missouri
1997 97.07 -1.52% -2.93%
1998 80.83 -3.50% -6.68%
1999 74.27 -4.08% -8.44%
2000 89.62 -3.04% -6.53%
2001 97.81 -3.16% -6.46%
2002 81.47 -3.44% -7.07%
1997-2002 Average 86.85 -3.06% -6.23%
Northern Plains of Texas
1997 95.46 -0.48% -1.00% 426.24 -0.29% -0.60%
1998 105.13 -0.78% -1.35% 452.52 -0.88% -1.40%
1999 118.36 -0.44% -0.89% 493.18 -0.44% -0.90%
2000 118.55 0.14% 0.06% 500.57 0.28% 0.17%
2001 120.10 -0.47% -0.50% 529.86 -0.14% -0.11%
2002 123.38 -0.05% 0.60% 545.17 0.26% 1.11%
1997-2002 Average 113.50 -0.33% -0.48% 491.26 -0.18% -0.24%
Nebraska
1997 51.87 -1.97% -4.01% 149.99 -1.07% -2.21%
1998 54.20 -5.77% -10.06% 168.90 -2.82% -4.50%
1999 62.44 -4.45% -9.10% 182.90 -1.79% -3.65%
2000 59.38 -4.02% -10.17% 183.10 -0.68% -2.65%
2001 63.73 -5.76% -12.05% 195.40 -1.78% -3.71%
2002 59.73 -7.01% -12.72% 208.86 -1.53% -2.00%
1997-2002 Average 58.56 -4.88% -9.84% 181.52 -1.61% -3.11%
Southwestern Kansas
1997 24.92 -1.85% -3.89% 51.27 -1.19% -2.50%
1998 29.58 -4.53% -7.40% 61.48 -2.62% -4.26%
1999 29.68 -3.94% -8.09% 65.46 -2.14% -4.41%
2000 23.19 -4.53% -12.07% 60.93 -1.28% -3.99%
2001 23.56 -8.02% -16.77% 59.64 -3.71% -7.46%
2002 24.23 -8.67% -15.31% 61.09 -3.60% -5.89%
1997-2002 Average 25.86 -5.18% -10.32% 59.98 -2.45% -4.80%
South Carolina
1997 138.65 -0.61% -1.09% 530.79 -0.45% -0.81%
1998 149.12 -0.82% -1.48% 547.40 -0.54% -1.01%
1999 162.20 -0.62% -1.37% 586.13 -0.41% -0.91%
2000 165.57 -0.51% -1.12% 617.22 -0.22% -0.48%
2001 176.31 -0.70% -1.03% 655.76 -0.35% -0.48%
2002 177.76 -0.11% -0.12% 675.92 0.17% 0.37%
1997-2002 Average 161.60 -0.55% -1.01% 602.20 -0.28% -0.52%
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