IDEAS home Printed from https://ideas.repec.org/p/ags/uersmp/349681.html
   My bibliography  Save this paper

Economic Indicators of the Farm Sector, National Financial Summary, 1987

Author

Listed:
  • Agriculture and Rural Economy Division, Economic Research Service

Abstract

Net farm income increased by 23 percent in 1987 to $46 billion while net cash income rose 11 percent to $57 billion. Both income concepts reflect cash income minus expenses. But, unlike net cash income, net farm income takes into account noncash items, such as the value of change in inventories which was negative in 1987, and the buildings and equipment depreciation allowance which fell slightly but remained high in 1987. These two factors meant that net cash income was higher than net farm income. Livestock marketings increased substantially as farmers had the advantage of higher meat prices, which boosted receipts while cash expenses remained about the same.

Suggested Citation

  • Agriculture and Rural Economy Division, Economic Research Service, 1988. "Economic Indicators of the Farm Sector, National Financial Summary, 1987," Miscellaneous Publications 349681, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersmp:349681
    DOI: 10.22004/ag.econ.349681
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/349681/files/ECIFS%207-1.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.349681?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:uersmp:349681. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/ersgvus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.