U.S. Department of Commerce. Bureau of Economic Analysis

National Income and Product Accounts Table
Table 7.3.5. Farm Sector Output, Gross Value Added, and Net Value Added [Billions of dollars]
Today is: 9/20/2008 Last Revised on August 06, 2008

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Line		2003	2004	2005	2006	2007
1	Farm output	227.7	260.5	255.8	253.8	307.0
2	Cash receipts from farm marketings	214.8	238.0	239.9	240.6	284.7
3	Crops	109.2	114.4	115.1	122.5	146.9
4	Livestock	105.5	123.5	124.8	118.1	137.8
5	Farm products consumed on farms	0.5	0.5	0.5	0.6	0.6
6	Other farm income	11.8	13.8	15.3	16.3	19.8
7	Change in farm finished goods inventories	0.7	8.2	0.0	-3.6	1.9
8	Crops	1.5	7.7	-1.3	-4.1	2.0
9	Livestock	-0.8	0.6	1.3	0.5	-0.1
10	Less: Intermediate goods and services consumed	139.5	145.8	151.6	162.7	169.8
11	Other than rent	129.1	135.7	141.9	153.8	160.1
12	Intermediate goods and services purchased, other than rent	128.8	135.5	142.2	153.5	159.8
13	Less: Change in farm materials and supplies inventories	-0.3	-0.2	0.3	-0.3	-0.4
14	Rent paid to nonoperator landlords	10.4	10.1	9.8	8.9	9.6
15	Equals: Gross farm value added	88.3	114.7	104.1	91.1	137.3
16	Less: Consumption of fixed capital	27.7	29.6	31.6	33.3	34.7
17	Equals: Net farm value added	60.6	85.1	72.5	57.8	102.6
18	Compensation of employees	20.0	22.0	21.9	22.0	23.3
19	Wage and salary accruals	17.0	18.9	18.9	19.0	20.0
20	Supplements to wages and salaries	2.9	3.1	3.0	3.1	3.3
21	Taxes on production and imports	4.9	5.0	5.4	5.9	6.5
22	Less: Subsidies to operators	14.9	11.8	21.6	13.4	10.2
23	Net operating surplus	50.6	69.9	66.8	43.3	82.9
24	Net interest	8.9	9.1	10.3	11.6	12.4
25	Current transfer payments	0.0	0.0	0.0	0.0	0.0
26	Proprietors' income and corporate profits with inventory valuation and capital consumption adjustments	41.6	60.8	56.5	31.7	70.5
27	Proprietors' income	29.2	37.3	34.1	16.2	44.0
28	Corporate profits	12.4	23.4	22.4	15.5	26.5
	Addendum:
29	Change in farm inventories¹	0.4	8.0	0.3	-3.9	1.6

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National Income and Product Accounts Table