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photo: Lisa Forehand <br />PRODUCTION CHARACTERISTICS <br />Agriculture impacts Cabarrus County's economy — <br />In the 2006 Countywide Farmland Protection Plan for Cabarrus <br />County, North Carolina, agriculture was ranked as the County's <br />second largest industry by gross sales. Census data reveals that <br />as of 2007, agriculture was still making a significant impact on <br />the Cabarrus economy. The total market value of agricultural <br />products sold from Cabarrus was $52,394,000 that year — a <br />71% increase over the 2002 — with the average value of goods <br />sold per farm of $85,752. <br />Farmers spent $45,219,000 to produce these goods, with <br />an average expense of $74,008 per farm, compared to $36,271 <br />spent per farm in 2002. Seed, fertilizer, feed and fuel <br />expenses all increased between 2002 and 2007, while labor <br />expenses decreased .3 <br />in <br />TABLE 1. CABARRUS FARM INCOME <br />Market Value of Goods Sold <br />E <br />$30,573,000 <br />E $52,394,000 E <br />+71 <br />Avg Per Farm <br />$46,464 <br />E $85,752 E <br />+85 <br />Government Payments <br />$476,000 <br />E $675,000 E <br />+42 <br />Avg Per Farm <br />$3,575 <br />E $6,305 E <br />+76 <br />Farm - related Income <br />$950,000 <br />E $1,221,000 <br />+29 <br />Avg Per Farm <br />$6,932 <br />$9,047 E <br />+31 <br />Production Expenses <br />$23,830,000 <br />$45,219,000 <br />+90 <br />Avg Per Farm <br />$36,271 <br />$74,008 <br />+104 <br />Net Farm Income <br />$7,210,000 <br />$9,072,000 <br />+26 <br />Avg Per Farm <br />$10,974 <br />$14,847 <br />+35 <br />Cabarrus County Food System Assessmentt nuer 1 <br />Page 625 <br />