# ASC 330-905-35: Inventory — Agriculture — 35 Subsequent Measurement Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/330/905/#35-subsequent-measurement) Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective. Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure. Source downloaded (UTC): 2026-09-09T23:51:39.164Z to 2026-09-09T23:51:39.164Z Record version: sha256:1c6418cbe5b8a338147a7776f8d2b1c25706658781c879bbe740edbe29c4924c Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 330-905-35: 35 Subsequent Measurement [Read section](https://asc.understandingaccounting.org/asc/330/905/#35-subsequent-measurement) SEC content: no #### Growing Crops ##### [330-905-35-1](https://asc.understandingaccounting.org/asc/330/905/#330-905-35-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:51:39.164Z to 2026-09-09T23:51:39.164Z Record version: sha256:c62a21fa36adee4eea824e84695379f8bfd16c42de8050c31c53d48419be804c Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Costs of growing [crops](https://asc.understandingaccounting.org/glossary/c/#crops "Grains, vegetables, fruits, berries, nuts, and fibers grown by agricultural producers.") shall be accumulated until the time of harvest. Growing crops shall be measured using the guidance in Subtopic 330-10. #### Developing Animals ##### [330-905-35-2](https://asc.understandingaccounting.org/asc/330/905/#330-905-35-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:51:39.164Z to 2026-09-09T23:51:39.164Z Record version: sha256:682f834a8ac5c1910fcabecd59130c887e6bf22bb1ca421a4d3d924a8c5cb6bf Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Developing animals to be held for sale shall be measured using the guidance in Subtopic 330-10. #### Animals Available and Held for Sale ##### [330-905-35-3](https://asc.understandingaccounting.org/asc/330/905/#330-905-35-3) Pending content: no Source downloaded (UTC): 2026-09-09T23:51:39.164Z to 2026-09-09T23:51:39.164Z Record version: sha256:519aadae8636cfdcd2a8ef53eea025cdd37b27968f0f23d4c71910e6ae5e7c73 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Animals held for sale shall be valued at either of the following: 1. a The amount determined using the measurement guidance in Subtopic 330-10 2. b [Net realizable value](https://asc.understandingaccounting.org/glossary/n/#net-realizable-value "Estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation."), if all the following conditions exist: 1. 1 The product has a reliable, readily determinable, and realizable market price. 2. 2 The product has relatively insignificant and predictable costs of disposal. 3. 3 The product is available for immediate delivery. #### Harvested Crops ##### [330-905-35-4](https://asc.understandingaccounting.org/asc/330/905/#330-905-35-4) Pending content: no Source downloaded (UTC): 2026-09-09T23:51:39.164Z to 2026-09-09T23:51:39.164Z Record version: sha256:2baa4ba68ca820b41223931420f0faf13a5466bfe516cf4eac5a5fa71696649f Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Inventories of harvested crops shall be valued using the same criteria as animals held for sale in the preceding paragraph. ### Cooperatives ##### [330-905-35-5](https://asc.understandingaccounting.org/asc/330/905/#330-905-35-5) Pending content: no Source downloaded (UTC): 2026-09-09T23:51:39.164Z to 2026-09-09T23:51:39.164Z Record version: sha256:cc1b6fe39a76d17d053d7e2b9e4a0afec4ad35b78c49c219be7e0cd27f84fd2d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The inventories for a [pooling cooperative](https://asc.understandingaccounting.org/glossary/p/#pooling-cooperative "A marketing cooperative that receives its members' agricultural products without obligation to pay a fixed price and commingles those products into single or multiple pools for processing and marketing purposes. Pool periods may vary from a week to a year or longer, depending on the product involved. Generally profits or losses are allocated to patrons upon closing of the pool.") shall be accounted for at either of the following: 1. a The amount determined using the measurement guidance in Subtopic 330-10 2. b [Net realizable value](https://asc.understandingaccounting.org/glossary/n/#net-realizable-value "Estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation."). When [assigned amounts](https://asc.understandingaccounting.org/glossary/a/#assigned-amounts "Amounts used to record products delivered by patrons of a marketing cooperative operating on a pooling basis, and the related liability to patrons if the ultimate amounts to be paid to patrons are determined when the pool is closed. These amounts may be established on the basis of current prices paid by other buyers (sometimes referred to as field prices), or they may be established by the cooperative's board of directors. The assigned amounts are sometimes referred to as established values.") are used, they should approximate estimated net realizable value of unprocessed products delivered by patrons. See Example 1 (paragraph [905-330-55-1](https://asc.understandingaccounting.org/asc/330/905/#330-905-55-1)) for an illustration.