GROSS and NET INCOME FROM FARMING: MONTANA 1980-1984 



15 



ITEM 



1980 



1981 



1982 



1983 



198< 



-Mill Ion Dol lars- 



Cash Receipts from Marketings 1,399.7 1,410.2 1,551.2 1,489.4 1,419.4 



Government Payments 58.5 85.1 116.9 230.3 239.6 



Non-money Income 135.5 143.3 154.6 146.6 164.1 



Other Farm Income 13.6 12.8 14.1 11.9 14.1 



Total Gross Income 1,607.4 1,651.4 1,836.8 1,878.2 1,837.2 



Farm Production Expenses 1,477.5 1,634.4 1,731.6 1,724.7 1,741.3 



Realized Net Farm Income 129.9 17.0 105.2 153.5 95.9 



Net Change In Farm Inventories 10.4 212.8 25.9 -54.3 -138.4 



Total Net Farm Income 140.3 229.8 131.1 99.2 -42.5 



SOURCE: Economic Indicators of the Farm Sector, State Income and Balance Sheet Statistics, 



USDA--ERS. 



FARM PRODUCTION EXPENSES: MONTANA 1980-1984 



ITEM 



1980 



19E 



1982 



1983 



1984 



MI I I Ion Dol lars 



Current Farm Operating Expenses: 



Feed 135.6 131.8 110.9 144.4 133.9 



Livestock 52.9 44.0 43.4 45.8 50.3 



Seed 2/ 18.4 21.1 20.9 19.7 23.3 



Fertilizer and Lime 72.3 78.8 79.8 90.6 101.2 



Repairs and Operation of Capital I tems 3/ 231.2 247.7 245.5 235.4 235.2 



Hired Labor 4/ 97.8 93.0 105.1 101.0 103.9 



Miscellaneous 5/ 286.9 353.0 414.5 400.5 421.7 



Total Current Expenses 895.2 969.6 1,020.1 1,037.4 1,069.5 



Depreciation and Other Consumption of 



Farm Capital «/ 268.1 311.1 338.4 315.2 300.9 



Taxes on Farm Property 83.2 85.3 81.9 77.1 80.0 



Interest on Farm Mortgage Debt 169.9 195.5 211.7 220.4 225.4 



Net Rent to Non-operator Landlords 61.2 72.9 79.5 74.7 65.5 



Total Production Expenses 1,477.5 1,634.4 1,731.6 1,724.7 1,741.3 



SOURCE: Economic Indicators of the Farm Sector, State Income and Balance Sheet Statistics, 

 USDA--ERS. 



I' Details may not add to totals because of rounding. 



2/ Includes bulbs, plants, and trees. 



3/ Repairs and maintenance of bul Idlngs, repairs and operation of motor vehicles and other 

 machinery, and petroleum fuel and oil used In the farm business. 



4/ Includes cash wages, prequlsltes 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 hall), irri- 

 gation, 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 (Insem- 

 ination) and other misc. 



*/ Includes depreciation and accidental damage to farm buildings and depreciation of motor ve- 

 hicles and other farm machinery and equipment. 



