Agriculture Value Added Account

Gross value added of farm, value

Gross value added refers to the value of output less the value of intermediate consumption. It is a measure of the contribution to gross domestic product made by an individual producer, industry or sector. The net may also be measured by deducting consumption of fixed capital.

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