Economic indicators of the farm sector: income and balance sheet statistics 1981
1982
Extract: Net cash farm income dropped to $29.5 billion in 1981, down $5.8 billion from 1980. Net farm income before inventory adjustment decreased to $19.6 billion from $24.4 billion. Net farm income after inventory adjustment rose 25 percent to $25.5 billion. Returns to operators, including the value of the inventory change, increased 30 percent. Total farm assets, including those of farm households, increased only slightly to about $1.1 trillion on January 1, 1982, influenced by the declining value of farm real estate which fell about 1 percent. The debt-to-asset ratio climbed to 17.9 percent when debt increased 11 percent.
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