Table 1
Net farm income
| 2010r | 2011r | 2012p | 2010 to 2011 | 2011 to 2012 | |
|---|---|---|---|---|---|
| millions of dollars | millions of dollars | millions of dollars | % change | % change | |
| + Total farm cash receipts including payments | 44,325 | 49,612 | 54,189 | 11.9 | 9.2 |
| - Total operating expenses after rebates | 35,324 | 38,265 | 40,841 | 8.3 | 6.7 |
| = Net cash income | 9,001 | 11,346 | 13,348 | 26.1 | 17.6 |
| + Income-in-kind | 41 | 45 | 45 | 11.2 | 0.2 |
| - Depreciation | 5,510 | 5,871 | 6,121 | 6.6 | 4.3 |
| = Realized net income | 3,532 | 5,521 | 7,273 | 56.3 | 31.7 |
| + Value of inventory change | -1,119 | 518 | -150 | ... | ... |
| = Total net income | 2,413 | 6,039 | 7,123 | ... | ... |
r
revised
p
preliminary
…
not applicable
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