GROSS and NET INCOME FROM FARMING: MONTANA 1977-1981 



13 



ITEM 



1977 



1978 



1979 



1980 



1981 



Cash Receipts from Marketings ... 



Government Payments 



Non-money Income 



Other Farm Income 



Total Gross Income 



Farm Production Expenses 



Realized Net Farm Income 



Net Change in Farm Inventories 



Total Net Farm Income 



SOURCE: Economic Indicators of the Farm Sector, Stale Income and Balance Sheet Statistics, USDA--ERS. 



1/ Beginning with 1977, based on the 1974 Census of Agriculture definition of a farm, which is a farm 

 with sales of $1,000 or more. 



FARM PRODUCTION EXPENSES: MONTANA 19771981 



ITEM 



1977 



1978 



1981 



Current Farm Operating Expenses: 



Feed 



Livestock 



Seed ^' 



Fertilizer and Lime 



Repairs and Operation of Capital Items ^' 



Hi red Labor *' 



Miscellaneous ^' 



Total Current Expenses 



Depreciation and Other Consumption 



of Farm Capital *' 



Taxes on Farm Property 



Interest on Farm Mortgage Debt 



Net Rent to Non-operator Landlords 



Total Production Expenses 



SOURCE: Economic Indicators of the Farm Sector, State Income and Balance Sheet Statistics, USDA--ERS. 



»/ Details may not add to totals because of rounding. 



2/ Includes bulbs, plants, and trees. 



3/ Repairs and maintenance of buildings, repairs ano operation of motor vehicles and other machinery, and 



petroleum fuel and oil used in the farm business. 

 *' Includes cash wages, prequisites and social security taxes paid by employees. 

 5/ Includes Federal crop insurance, containers, dairy supplies, electricity, greenhouse and nursery products. 



grazing fees, net insurance premiums (fire, wind, and crop hail), irrigation, livestock marketing service 



(excluding feed and transportation), milk hauling, misc. hardware, machine hire and custom work, misc. 



livestock and poultry supplies, pesticides, short-term interest, telephones (business share), veterinary 



services and medicines (insemination) and other misc. 

 6/ Includes depreciation and accidental damage to farm buildings and depreciation of motor vehicles and other 



farm machinery and equipment. 



