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National Income and Product Accounts Table
Table 7.15. Relation of Net Farm Income in the National Income and Product Accounts to Net Farm Income as Published by the U.S. Department of Agriculture
[Millions of dollars]

Cautionary note on the use of data in millions of dollars -- The tables provided include estimates in millions of dollars for NIPA series that appear regularly in the national income and product account (NIPA) tables published in the Survey of Current Business. The Bureau of Economic Analysis (BEA) generally does not include estimates at this level of precision in the published tables because the associated sampling and nonsampling errors are larger than this implied level of precision. Compared with the published aggregates, the million-dollar estimates are generally not any more accurate.
Today is: 5/7/2009   Last Revised on September 11, 2008 
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Line      2006       2007   
1Net farm income, USDA58,50986,778
2Plus: Depreciation and other
    consumption of farm capital, USDA		23,30524,048
3         Farm housing expenses
             excluding depreciation		7,6309,100
4         Monetary interest received by
             farm corporations		447588
5         Valuation adjustment,
             Commodity Credit Corporation loans		-2,496-3,409
6         Change in farm materials and
             supplies inventories		-294-367
7Less: Consumption of fixed capital,
    NIPAs		33,31234,672
8         Gross rental value of farm
             housing, USDA		20,91723,624
9         Patronage dividends received
             from cooperatives		295575
10         Other 1 1,806900
11         Statistical differences 2 -906-13,553
12Equals: Farm proprietors' income and
    corporate profits with inventory
    valuation and capital consumption adjustments		31,67770,519
13               Proprietors' income16,15444,018
14               Corporate profits15,52326,501
       Footnotes

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