In the Southeastern Association the average accrual net farm income in 1996 was $67,579 for the 61 farms included in this report. The decrease is due to lower inventory levels since the increase in gross cash income was higher than the increase in total cash farm expenses. Even though this is a...

In the Southeastern Association the average net farm income in 1997 was $73,311 for the 64 farms included in this report. This was an increase of 8.5% from 1996. The increase is due to replenishment of inventories which had been depleted in 1996. Total cash farm expenses increased 7%. The 1997...