To The U.S. Economy by the Agricultural Sector, Montana, USA 1/
| ITEM | 2002 |
2003 |
2004 |
2005 |
2006 |
| Million Dollars |
|||||
| Value of crop production Food grains Feed grains Oil crops Fruits Vegetables All other crops Home consumption Value of inventory adjustment 1/ |
761.2 421.4 200.1 9.7 4.8 36.7 93.2 3.0 (7.7) |
879.3 433.9 190.1 10.8 4.0 40.0 118.9 2.5 79.1 |
1,032.7 585.6 186.0 12.7 5.3 53.8 98.0 2.0 89.4 |
1,082.7 620.1 222.5 12.3 4.9 63.8 102.1 1.9 55.1 |
924.7 688.4 197.4 10.0 1.7 68.6 103.9 1.5 (146.7) |
| Value of livestock production Meat animals Dairy products Poultry and eggs Miscellaneous livestock Home consumption Value of inventory adjustment 1/ |
961.2 914.3 41.2 4.8 41.0 3.3 (43.3) |
1,067.1 1,010.4 42.2 6.6 49.6 4.0 (45.7) |
1,232.5 1,166.4 53.7 6.6 51.7 4.7 (50.6) |
1,341.4 1,166.0 56.3 4.1 52.3 5.5 57.2 |
1,285.5 1,175.7 45.6 4.8 53.1 6.5 (0.2) |
| Revenues from services and
forestry Machine hire and custom work Other farm income Gross imputed rental value of farm dwellings |
437.1 41.8 3.0 195.9 196.5 |
424.2 40.6 3.0 180.2 200.4 |
395.0 18.6 3.0 125.5 247.9 |
562.9 56.9 3.0 143.1 359.9 |
581.8 43.4 3.0 149.9 385.5 |
| Value of agricultural sector production 2/ | 2,159.5 | 2,370.6 | 2,660.3 | 2,987.0 | 2,792.1 |
| (LESS) Purchased inputs | 1,294.4 | 1,323.2 | 1,235.6 | 1,422.4 | 1,642.2 |
| Farm origin Feed purchased Livestock & poultry purchased Seed purchased |
330.2 163.8 106.3 60.2 |
297.2 155.9 83.2 58.1 |
244.4 114.4 78.1 51.9 |
281.6 116.5 98.2 66.9 |
368.0 130.3 159.5 78.3 |
| Manufactured inputs Fertilizers & lime Pesticides Petroleum fuel & oils Electricity |
375.5 121.8 92.7 118.9 42.2 |
360.6 104.4 88.2 127.6 40.3 |
386.6 111.6 92.9 147.9 34.2 |
467.0 143.2 99.2 183.5 41.1 |
500.4 154.0 105.5 201.4 39.4 |
| Other purchased inputs Repairs & maintenance of capital items Machine hire and custom work Marketing, storage, and transportation expenses Contract labor Miscellaneous expenses |
588.6 192.9 42.0 57.3 15.3 281.1 |
665.4 179.2 52.1 69.8 13.3 351.0 |
604.5 186.9 45.3 62.7 20.4 289.2 |
673.8 197.3 33.6 90.6 18.4 333.9 |
773.8 232.3 46.4 107.9 21.1 366.1 |
| (PLUS) Net government transaction + Direct government payments - Motor vehicle registration and licensing fees - Property taxes |
122.5 262.0 11.4 128.0 |
226.7 355.8 12.2 117.0 |
148.9 282.5 12.1 121.5 |
221.0 381.8 12.3 148.5 |
84.8 275.3 10.5 180.0 |
| Gross value added | 987.7 | 1,274.0 | 1,573.6 | 1,785.6 | 1,234.6 |
| (LESS) Capital consumption | 332.0 | 339.3 | 366.8 | 409.4 | 440.8 |
| Net value added 2/ | 655.7 | 934.6 | 1,206.9 | 1,376.2 | 793.9 |
| (LESS) Payments to stakeholders Employee compensation (total hired labor) Net rent received by non-operator landlords Real estate and non-real estate Interest |
460.0 153.4 119.9 186.7 |
453.9 136.2 147.6 170.2 |
492.1 152.7 170.1 169.3 |
558.0 178.6 188.1 191.2 |
537.0 189.8 130.1 217.2 |
| Net farm Income 2/ | 195.7 | 480.7 | 714.8 | 818.2 | 256.8 |
| 1/ A positive value of
inventory change represents current-year production not sold by December
31. A negative value is an offset to production from prior years included
in current-year sales. 2/ Value of agricultural sector production is the gross value of the commodities and services produced within a year. Net value-added is the sector's contribution to the National economy and is the sum of the income from production earned by all factors-of-production, regardless of ownership. Net farm income is the farm operator’s share of income from the sector’s production activities. The concept presented is consistent with that employed by the Organization for Economic Cooperation and Development. SOURCE: Economic Indicators of the Farm Sector, State Income and Balance Sheet Statistics, UDSA—ERS |
|||||