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Balance Sheet of the Farming Sector, 1979 Supplement to AIB No. 430

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  • Evans, Carson D.

Abstract

Farm assets were valued at $820 billion on January 1, 1979, and outstanding debt was $137 billion, leaving farm proprietors an equity of $683 billion. Each of these amounts stood about 15 percent above value on January 1, 1978. Farm real estate was valued at $600 billion, up $74 billion. The value of other farm physical assets rose $31 billion and financial assets were up $2 billion. Farm real estate debt outstanding was $72 billion and nonreal estate debt (excluding CCC loans) was $60 billion. CCC loans totaled $5.2 billion, a record high. Balance sheets by value of sales class, capital gains on physical assets, farm production assets, and rates of return on equity are reconstructed to reflect revisions in the balance sheet estimates.

Suggested Citation

  • Evans, Carson D., 1980. "Balance Sheet of the Farming Sector, 1979 Supplement to AIB No. 430," Agricultural Information Bulletins 305805, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersab:305805
    DOI: 10.22004/ag.econ.305805
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    References listed on IDEAS

    as
    1. Emanuel Melichar, 1979. "Capital Gains versus Current Income in the Farming Sector," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(5), pages 1085-1092.
    2. Brake, John R. & Melichar, Emanuel, 1977. "Agricultural Finance and Capital Markets," A Survey of Agricultural Economics Literature, Volume 1: Traditional Fields of Agricultural Economics 1940s to 1970s,, Agricultural and Applied Economics Association.
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    Financial Economics; Production Economics;

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