Manitoba
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Manitoba Agriculture, Food and Rural Initiatives






 

MANITOBA FARM INCOME SUMMARY, 2006 – 2008

 

2006R

2007R

2008P

2008/07

 

- million dollars -

%

Crop Receipts

      1,279

 

     2,188

 

     2,710

 

124

 

Livestock Receipts

      1,781

 

     1,726

 

     1,672

 

97

 

Total Direct Payments

        626

 

        413

 

        322

 

78

 

Total Cash Receipts

      3,687

 

     4,327

 

     4,704

 

109

 

Gross Operating Expenses before Rebates

3238

 

3560

 

4009

 

113

 

Total Rebates

          25

 

          26

 

            30

 

12

 

Net Operating Expenses after Rebates

      3,213

 

     3,535

 

     3,979

 

113

 

Net Cash Income

        474

 

        793

 

        725

 

91

 

Income-In-Kind

            3

 

            3

 

            3

 

100

 

Depreciation Charges

        467

 

        461

 

        496

 

108

 

Realized Net Income

          10

 

        335

 

        232

 

69

 

Value of Inventory Change

292

 

-85

 

493

 

-

 

TOTAL NET INCOME

        302

 

        250

 

        724

 

290

 

PS:  Percentage change is based on actual figures not rounding.

SOURCE:  Statistics Canada, May, 2009.