Agriculture Value Added Account

Agricultural production value of farm, value

Agricultural production value refers to the total value of production represents the gross output of farm establishments in a time period. It consists of sales of agricultural products, sales of secondary production, other income sources and own-account use of production. The total value of production can be allocated into four major categories: expenses on inputs, business taxes, depreciation and net value added.

Farm refers to an agricultural operation that produces at least one of the following products intended for sale: crops (hay, field crops, tree fruits or nuts, berries or grapes, vegetables, seed); livestock (cattle, pigs, sheep, horses, game animals, other livestock); poultry (hens, chickens, turkeys, chicks, game birds, other poultry); animal products (milk or cream, eggs, wool, furs, meat); or other agricultural products (Christmas trees, greenhouse or nursery products, mushrooms, sod, honey, maple products).

The data for this variable are reported using the following measurements:

• Canadian dollar at current prices