Table 1
Net farm income
Net farm income
|
2019r |
2020r |
2019 to 2020 |
|
millions of dollars | millions of dollars |
% change |
+ Total farm cash receipts including payments |
66,362 |
72,024 |
8.5 |
- Total operating expenses after rebates |
53,175 |
54,187 |
1.9 |
= Net cash income |
13,187 |
17,837 |
35.3 |
+ Income-in-kind |
56 |
56 |
0.7 |
- Depreciation |
8,128 |
8,463 |
4.1 |
= Realized net income |
5,115 |
9,430 |
84.4 |
+ Value of inventory change |
253 |
-1,613 |
... |
= Total net income |
5,368 |
7,817 |
... |
- Date modified: