Table 1 
Net farm income 

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Net farm income
  2023r 2024p 2023 to 2024
  millions of dollarsmillions of dollars % change
+ Total farm cash receipts including payments 99,489 97,906 -1.6
- Total operating expenses after rebates 76,405 78,252 2.4
= Net cash income 23,084 19,654 -14.9
+ Income-in-kind 72 77 7.7
- Depreciation 10,470 10,334 -1.3
= Realized net income 12,686 9,397 -25.9
+ Value of inventory change 267 -1,694 ...
= Total net income 12,952 7,703 ...
r
revised
p
preliminary
...
not applicable
Source(s):
Table 32-10-0052-01.
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