FARM BALANCE SHEET (Excluding Farm Households), MASSACHUSETTS, JANUARY 1, 1977-1981 



ITEM 



1977 



1978 



1979 



1980 



1981 



Million Dollars 



Assets: 



Total Farm Assets 



Claims: 



Real Estate Debt 5/ 

 Non-Real Estate Debt 6/ 



Total Farm Debt 

 Equity 



922.2 



994.4 



1,156.5 



1,268.5 



FARM PRODUCTION EXPENSES, MASSACHUSETTS, 1976-1980 



1,324.4 



y Excludes value of operator dwellings. 



2J Excludes horses, mules, and broilers. 



2/ Includes only farm share value for trucks and autos. 



4/ All crops held on farms including crops under CCC and crops held off farms by farm operators. 



5/ Excludes debt on operator dwellings. 



6/ Excludes debt for non-farm purposes. 



CURRENT FARM OPERATING EXPENSES 



1976 



1977 



1978 



1979 



1980 



Million Dollars 



Feed 



Livestock 



Seed 



Fertilizer and Lime 



Repairs and Operation of Capital Items 



Hired Labor 



Miscellaneous 



Total Current Farm Operating Expenses 



Depreciation and Other Consumption of Farm Capital 

 Taxes on Farm Property 

 Interest on Farm Mortgage Debt 

 Net Rent to Non-Operator Landlord 



Gross Farm Income: 



Cash Receipts From Farm Marketing 

 Government Payment 

 Non-Money Income 

 Other Farm Income 



Total 



Farm Production Expenses 



Net Farm Income Before Inventory Adjustment 



Net Change in Farm Inventory 



Net Farm Income After Inventory Adjustment 



Mill ion Dollars 



30 



