Table 1
Net farm income
Net farm income
|
2014r |
2015p |
2014 to 2015 |
|
millions of dollars | millions of dollars |
% change |
+ Total farm cash receipts including payments |
57,887 |
59,431 |
2.7 |
- Total operating expenses after rebates |
43,890 |
44,396 |
1.2 |
= Net cash income |
13,997 |
15,035 |
7.4 |
+ Income-in-kind |
57 |
61 |
7.9 |
- Depreciation |
6,595 |
6,951 |
5.4 |
= Realized net income |
7,459 |
8,145 |
9.2 |
+ Value of inventory change |
-2,775 |
-1,387 |
... |
= Total net income |
4,684 |
6,758 |
... |
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