20 Economic 



Montana Agricultural Statistics 1994 



GROSS and NET INCOME FROM FARMING: Montana, 1989-1993 



ITEM 1989 



GROSS FARM INCOME 2,209.5 



Cash income 1,900.8 



Farm marketing 1,553.0 



Crops 623.7 



Livestock & products 929.3 



Government payments 289.4 



Farm related income 58.4 



Noncash income 120.2 



Value of home consumption 11.6 



Rental value of dwellings 108.6 



Operator and other dwellings ^' 101.7 



Hired laborer dwellings 6.8 



Value of inventory adjustment 188.5 



TOTAL PRODUCnON EXPENSES 1,660.8 



Intermediate product expenses 822.1 



Farm orgin 235.1 



Feed purchased 127.7 



Lvstk & poultry purchased 70.3 



Seed purchased 37.1 



Manufactured inputs 251.9 



Fertilzer & lime 79.9 



Pesticides 57.6 



Fuel & oil 86.6 



Electricity 27.7 



Other 335.1 



Repairs & maintenance 121.5 



Other miscellaneous 213.7 



Interest 249.1 



Real estate 151.9 



Nonreal estate 97.2 



Contract and hired labor expenses 97.0 



Net rent to nonoperator landlords ^ . . . . 150.3 



Capital consumption 260.2 



Property taxes 82.2 



NET FARM INCOME ^ 548.7 



Gross receipts of farms 2,107.8 



Farm production expenses 1,606.4 



Nonractor payments 1,119.2 



Intermediate product expenses 813.1 



Capital consumption 229.5 



Property taxes 76.6 



Factor payments 487.2 



Interest 240.0 



Contract and hired labor expenses 97.0 



Net rent to nonoperator landlords ^ . . . . 150.3 



RETURN TO OPERATORS ^' 501.3 



Gross Cash Income 1,900.8 



Cash expenses 1,382.0 



Cash expenses, excluding net rent 1,219.8 



Intermediate product expenses 813.1 



Interest 240.0 



Cash labor expenses 90.1 



Property taxes 76.6 



Net rent to nonoperator landlords ^ 162.2 



NET CASH INCOME 518.8 



Gross cash income 1,900.8 



Farm business expenses 1,599.6 



Cash expenses, excluding net rent 1,219.8 



Net rent to nonoperator landlords ^ 150.3 



Capital consumption 229.5 



NET BUSINESS INCOME 301.2 



1990 



2,119.4 



2,014.2 



1,653.4 



765.2 



888.2 



299.6 



61.2 



124.2 



10.9 



113.3 



106.0 



7.3 



(19.0) 



1,684.9 



848.0 

 229.2 

 116.0 



75.1 



38.2 

 267.1 



77.8 



56.5 

 105.6 



27.2 

 351.7 

 117.3 

 234.4 

 240.0 

 142,7 



97.3 

 106.5 

 135.8 

 266.3 



88.3 



434.5 



2,013.4 



1,629.0 



1,156.2 



838.1 



235.5 



82.6 



472.8 



230.5 



106.5 



135.8 



384.5 



2,014.2 



1,398.4 



1,250.4 



838.1 



230.5 



99.2 



82.6 



148.0 



615.9 



2,014.2 



1,621.7 



1,250.4 



135.8 



235.5 



392.5 



319.4 



497.4 



1993 



2,511.0 



2,188.5 



1,781.0 



842.7 



938.3 



338.0 



69.4 



127.3 



10.2 



117.0 



110.8 



6.2 



195.3 



1,746.4 



923.9 



242.1 



109.1 



90.6 



42.4 



270.6 



87.3 



67.0 



88.4 



27.9 



411.2 



136.2 



275.0 



185.4 



114.4 



71.0 



118.6 



149.8 



270.9 



97.7 



764.7 



2,400.2 



1,688.4 



1,245.4 



916.5 



237.1 



91.8 



442.9 



174.5 



118.6 



149.8 



711.8 



2,188.5 



1,457.2 



1,295.2 



916.5 



174.5 



112.4 



91.8 



162.0 



731.3 



2,188.5 



1,682.1 



1,295.2 



149.8 



237.1 



506.3 



1/ Value added to gross income. Value added to net farm income equals difference in net farm income and returns to operators. 2/ Includes 

 landlord capital consumption. 3/ Statistics in and above the Net Farm Income line represent the farm sector, defined as including farm 

 operators' dwellings located on farms. Statistics below the Net Farm Income line represent only the farm businesses to the excludion of the 

 operators' dwellings. 4/ Returns to operators is equivalent to net farm income excluding the income and expense associated with farm 

 operators' dwellings. 5/ Excludes landlord capital consumption. 



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



