16 ECONOMIC 



1990 MONTANA AGRICULTURAL STATISTICS 



GROSS and NET INCOME FROM FARMING: Montana, 1985-1989 



ITEM 1985 1986 1987 1988 



-Million Dollars-- 



GROSS FARM INCOME ^ 1,302.1 1,790.6 1,908.2 1,754.7 



Cash Income 1,507.0 1,465.4 1,8029 1,848.3 



Farm marketing 1,259.9 1,097.1 1,419.8 1,433.0 



Crops 453.6 499.2 655.1 616.7 



Livestock & products 806.3 597.9 764.7 816.3 



Government payments . . ^ 220.9 344.5 352.3 386.7 



Other farm related income ^ 26.2 23.9 30.8 28.6 



Noncash Income 125.4 106.3 115.0 116.3 



Value of home consumption 15.5 12.9 12.5 12.4 



Rental value of dwellings 109.8 93.4 102.6 103.9 



Value of Inventory Aejustment (330.3) 218.9 (9.8) (209.9) 



TOTAL PRODUCTION EXPENSES ^ 1,539.0 1,569.8 1,592.2 1,542.3 



Intermediate Product Expenses 689.2 669.2 730.4 770.0 



Farm origin 165.6 181.8 210.2 227.6 



Feed purchased 105.4 109.0 120.3 137.5 



Livestock & poultry purchased 36.4 47.5 62.8 63.0 



Seed purchased 23.8 . 25.4 27.0 27.1 



Manufactured inputs 267.3 244.4 246.3 249.2 



Fertilzer & lime 81.7 76.3 74.2 78.0 



Pesticides 52.1 54.7 59.9 59.0 



Fuel & oil 1 14.4 95.1 89.8 89.2 



Electricity 19.1 18.4 22.3 23.1 



Other 256.3 243.0 273.9 293.2 



Repairs & maintenance 93.9 96.2 101.0 101.2 



Other miscellaneous "• 162.4 146.7 172.9 192.0 



Interest 367.1 335.2 303.1 281.2 



Real estate 221.2 204.5 182.0 169.6 



Nonreal estate 145.9 130.7 121.2 111.6 



Contract & Hired Ubor ^ 92.8 93.4 102.1 10S.7 



Net Rent for Non-Operator LandijORD .... 64.1 142.3 138.6 96.3 



Capital Consumption 240.8 249.5 237.6 206.6 



Property Taxes 85.0 80.1 80.5 82.5 



NET FARM INCOME (236.9) 220.8 316.0 212.4 



' Details may not add to total because of rounding. 



Includes operator dwelling. 

 ^ Includes forest products sales, recreational income, and other farm business-related income. 



^ Includes machine hire and customwork expenses; marketing, storage, and transportation expenses; and miscellaneous expenses. 

 ^ Includes contract labor expenses, hired labor wages and social security payments. 



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



1989 



2,153.6 



1,931.6 



1,609.7 



710.5 



899.3 



289.4 



32.5 



114.2 



12.6 



101.6 



107.8 



1,693.6 



861.7 



252.5 



151.3 



70.2 



31.0 



281.1 



86.9 



76.0 



96.5 



21.7 



328.1 



118.8 



209.3 



264.2 

 156.0 

 108.2 



111.9 



153.5 



216.5 



85.7 



460.0 





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