1991 Montana Agricultural Statistics 



Economic 17 



GROSS and NET INCOME FROM FARMING: Montana, 1986-1990 



ITEM 1986 1987 1988 1989 



-Million Dollars-- 



GROSS FARM INCOME ^ 1,737.7 1,858.3 1,722.5 2,161.8 



Cash Income 1,476.2 1,805.7 1,827.2 1,887.9 



Farm markcling 1,097.1 1,411.0 1,401.4 1,553.8 



Crops 499.2 646.3 585.2 624.5 



livestock & products 597.9 764.7 816.3 929.3 



Government payments . . 344.5 352.3 386.7 289.4 



Other farm related income 34.7 42.4 39.0 44.8 



Noncash Income 79.4 81.1 87.2 91.4 



Value of home consumption 13.0 12.6 12.3 11.6 



Rental value of dwellings 66.3 68.5 74.9 79.8 



Value of Inventory Adjustment 182.1 (28.5) (191.9) 182.5 



TOTAL PRODUCTION EXPENSES ^ 1,502.8 1,557.2 1,589.4 1,628.7 



Intermediate Product Expenses 676.9 756.4 796.4 826.4 



Farm origin 178.8 206.0 226.3 232.7 



Feed purchased 105.7 115.8 135.0 132.6 



livestock Sr poultry purchased 47.5 62.8 63.0 70.3 



Seed purchased 25.6 27.4 28.2 29.9 



Manufactured inputs 237.9 247.3 254.5 264.5 



Fcrtilzcr & lime 69.0 74.3 76.9 80.3 



Pesticides 55.2 60.6 61.4 73.0 



Fuel & oil 95.1 89.8 92.3 90.4 



Electricity 18.7 22.7 23.9 20.9 



Other 260.2 303.1 315.6 329.1 



Repairs & maintenance 99.9 107.7 109.8 122.2 



Other miscellaneous ■• 160.3 195.3 205.8 206.9 



INTERF-ST 326.6 294.8 273.6 258.2 



Real estate 204.5 182.0 1696 158.8 



Nonreal estate 122.1 112.9 104.0 99.4 



Contract & Hired Ubor ^ 86.1 88.7 93.4 99.2 



Net Rent FOR Non-Operator Landlord .... 76.4 88.1 90.6 94.8 



Capital Consumption 257.1 255.0 260.2 270.8 



Property Taxes 79.7 74.1 75.2 79.4 



NFT FARM INCOME 234.9 301.2 133.1 533.1 



' 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 transponation expenses; and miscellaneous expenses. 



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



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



1990 



2,095.7 



1,951.2 



1,605.7 



742.1 



863.7 



299.6 



45.9 



95.7 

 10.9 

 84.8 



48.8 



1,709.7 



864.5 



240.2 



135.1 



75.0 



30.1 



285.5 



80.2 



76.9 



108.1 



20.4 



338.8 



118.1 



220.6 



252.6 



153.9 



98.7 



111.8 



116.4 



273.8 



90.6 



386.0 



