Table 1
Net farm income
Net farm income
| |
2011r |
2012r |
2013p |
2011 to 2012 |
2012 to 2013 |
| |
millions of dollars | millions of dollars | millions of dollars |
% change | % change |
| + Total farm cash receipts including payments |
49,634 |
53,764 |
54,843 |
8.3 |
2.0 |
| - Total operating expenses after rebates |
38,300 |
41,404 |
42,166 |
8.1 |
1.8 |
| = Net cash income |
11,334 |
12,360 |
12,677 |
9.0 |
2.6 |
| + Income-in-kind |
45 |
45 |
46 |
0.3 |
1.9 |
| - Depreciation |
5,871 |
6,101 |
6,350 |
3.9 |
4.1 |
| = Realized net income |
5,509 |
6,305 |
6,373 |
14.4 |
1.1 |
| + Value of inventory change |
576 |
31 |
5,641 |
... |
... |
| = Total net income |
6,085 |
6,335 |
12,014 |
... |
... |
- Date modified:
