Table 1 
Net farm income 

Net farm income
  2019r 2020p 2019 to 2020
  millions of dollarsmillions of dollars % change
+ Total farm cash receipts including payments 66,635 72,174 8.3
- Total operating expenses after rebates 53,347 54,032 1.3
= Net cash income 13,288 18,142 36.5
+ Income-in-kind 56 56 0.6
- Depreciation 7,966 8,289 4.1
= Realized net income 5,378 9,909 84.2
+ Value of inventory change 115 -1,833 ...
= Total net income 5,493 8,076 ...
r
revised
p
preliminary
...
not applicable
Source(s):
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