Table 1
Net farm income
Net farm income
|
2017r |
2018r |
2017 to 2018 |
|
millions of dollars | millions of dollars |
% change |
+ Total farm cash receipts including payments |
62,201 |
62,418 |
0.3 |
- Total operating expenses after rebates |
47,556 |
50,513 |
6.2 |
= Net cash income |
14,644 |
11,905 |
-18.7 |
+ Income-in-kind |
56 |
57 |
0.5 |
- Depreciation |
7,603 |
7,772 |
2.2 |
= Realized net income |
7,098 |
4,190 |
-41.0 |
+ Value of inventory change |
1,208 |
-559 |
... |
= Total net income |
8,306 |
3,631 |
... |
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