Table 1
Net farm income
Net farm income
|
2017r |
2018p |
2017 to 2018 |
|
millions of dollars | millions of dollars |
% change |
+ Total farm cash receipts including payments |
62,195 |
62,238 |
0.1 |
- Total operating expenses after rebates |
47,549 |
50,624 |
6.5 |
= Net cash income |
14,646 |
11,614 |
-20.7 |
+ Income-in-kind |
56 |
56 |
-0.0 |
- Depreciation |
7,603 |
7,772 |
2.2 |
= Realized net income |
7,099 |
3,898 |
-45.1 |
+ Value of inventory change |
1,101 |
-865 |
... |
= Total net income |
8,200 |
3,033 |
... |
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