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Farm Income
In United States agricultural policy, several measures are used to gauge farm income over a given period of time. * Gross cash income is the sum of all receipts from the sale of crops, livestock, and farm related goods and services as well as all forms of direct payments from the government. *Gross farm income is the same as gross cash income with the addition of nonmoney income, such as the value of home consumption of self-produced food and the imputed gross rental value of farm dwellings. * Net cash income is gross cash income less all cash expenses such as for feed, seed, fertilizer, property taxes, interest on debt, wages to hired labor, contract labor and rent to nonoperator landlords. *Net farm income is gross farm income less cash expenses and noncash expenses, such as capital consumption, perquisites to hired labor, and farm household expenses. It is a longer term measure of the ability of the farm to survive as a viable income-earning business. * Net cash income is a short ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gross Cash Income
Gross may refer to: Finance * Gross Cash Registers, a defunct UK company with a high profile in the 1970s * Gross (economics), is the total income before deducting expenses Science and measurement *Gross (unit), a counting unit equal to 144 items * Gross weight * Gross heating value, see Heat of combustion Places *Gross, Illinois, an unincorporated community *Gross, Kansas, an unincorporated community * Gross mine, a gold mine in Russia *Gross, Nebraska, a village * Gross Hills, Ellsworth Land, Antarctica *33800 Gross, an asteroid Other uses * Gross (surname) *In golf, the gross score is the number of strokes taken before accounting for any handicap allowances *"In gross", legally associated with a legal person as opposed to a piece of land; as in: ** Easement in gross as opposed to ''easement appurtenant'' ** Hereditary in gross service, as opposed to ''serjeanty'' ** Profit in gross as opposed to ''profit appurtenant'' ** Villein in gross (tied to the lord) as oppos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gross Farm Income
In United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ... agricultural policy, gross farm income refers to the monetary and non-monetary income received by farm operators. Its main components include cash receipts from the sale of farm products, government payments, other farm income (such as income from custom work), value of food and fuel produced and consumed on the same farm, rental value of farm dwellings, and change in value of year-end inventories of crops and livestock. See also * Net farm income * Farm income References {{CRS, article = Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition, url = http://ncseonline.org/nle/crsreports/05jun/97-905.pdf, author= Jasper Womach United States Department of Agriculture ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Net Cash Income
Net or net may refer to: Mathematics and physics * Net (mathematics), a filter-like topological generalization of a sequence * Net, a linear system of divisors of dimension 2 * Net (polyhedron), an arrangement of polygons that can be folded up to form a polyhedron * An incidence structure consisting of points and parallel classes of lines * Operator algebras in Local quantum field theory Others * Net (command), an operating system command * Net (device), a grid-like device or object such as that used in fishing or sports, commonly made from woven fibers * ''Net'' (film), 2021 Indian thriller drama film * Net (textile), a textile in which the warp and weft yarns are looped or knotted at their intersections * Net (economics) (nett), the sum or difference of two or more economic variables ** Net income (nett), an entity's income minus cost of goods sold, expenses and taxes for an accounting period * In electronic design, a connection in a netlist * In computing, the Internet ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Net Farm Income
In United States agricultural policy, net farm income refers to the return (both monetary and non-monetary) to farm operators for their labor, management and capital, after all production expenses have been paid (that is, gross farm income minus production expenses). It includes net income from farm production as well as net income attributed to the rental value of farm dwellings, the value of commodities consumed on the farm, depreciation In accountancy, depreciation is a term that refers to two aspects of the same concept: first, the actual decrease of fair value of an asset, such as the decrease in value of factory equipment each year as it is used and wear, and second, the a ..., and inventory changes. See also * Farm income References *{{CRS, article = Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition, url = http://ncseonline.org/nle/crsreports/05jun/97-905.pdf, author= Jasper Womach United States Department of Agriculture ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Research Service
The Economic Research Service (ERS) is a component of the United States Department of Agriculture (USDA) and a principal agency of the Federal Statistical System of the United States. It provides information and research on agriculture and economics. History The first USDA agency formally tasked with data collection was the Division of Statistics, created in 1863, one year after the USDA itself was created.Panel to Study the Research Program of the Economic Research Service, Sowing Seeds of Change: Informing Public Policy in the Economic Research Service of USDA', Committee on National Statistics, Commission on Behavioral and Social Sciences and Education, National Research Council (John F. Gewek et al., eds. 1999). By 1902, a Division of Foreign Markets had been created, and the following year, that division was merged with the Division of Statistics to form the Bureau of Statistics. In 1914, the bureau was renamed the Bureau of Crop Estimates, and in 1921 this bureau merged with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Farm Sector
Agriculture or farming is the practice of cultivating plants and livestock. Agriculture was the key development in the rise of sedentary human civilization, whereby farming of domesticated species created food surpluses that enabled people to live in cities. The history of agriculture began thousands of years ago. After gathering wild grains beginning at least 105,000 years ago, nascent farmers began to plant them around 11,500 years ago. Sheep, goats, pigs and cattle were domesticated over 10,000 years ago. Plants were independently cultivated in at least 11 regions of the world. Industrial agriculture based on large-scale monoculture in the twentieth century came to dominate agricultural output, though about 2 billion people still depended on subsistence agriculture. The major agricultural products can be broadly grouped into foods, fibers, fuels, and raw materials (such as rubber). Food classes include cereals (grains), vegetables, fruits, cooking oils, meat, milk, egg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Off-farm Income
Off-farm (non-farm) income refers to the portion of farm household income obtained off the farm, including nonfarm wages and salaries, pensions, and interest income earned by farm families. On average for all farms in the United States, off-farm income accounts for over 90% of farm operator household income. See also *Farm income *Gross farm income In United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorp ... References *{{CRS, article = Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition, url = http://ncseonline.org/nle/crsreports/05jun/97-905.pdf, author= Jasper Womach Agriculture in the United States Agricultural economics ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Department Of Agriculture
The United States Department of Agriculture (USDA) is the United States federal executive departments, federal executive department responsible for developing and executing federal laws related to farming, forestry, rural economic development, and food. It aims to meet the needs of commercial farming and livestock food production, promotes agricultural trade and production, works to assure food safety, protects natural resources, fosters rural communities and works to end hunger in the United States and internationally. It is headed by the United States Secretary of Agriculture, Secretary of Agriculture, who reports directly to the President of the United States and is a member of the president's Cabinet of the United States, Cabinet. The current secretary is Tom Vilsack, who has served since February 24, 2021. Approximately 80% of the USDA's $141 billion budget goes to the Food and Nutrition Service (FNS) program. The largest component of the FNS budget is the Supplementa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
