|
|
|
|
| |
|
| |
|
|
| Hoppe, Robert A.; Banker, David E.; Korb, Penelope J.; O'Donoghue, Erik J.; MacDonald, James M.. |
| American farms encompass a wide range of sizes, ownership structures, and business types, but most farms are still family farms. Family farms account for 98 percent of farms and 85 percent of production. Although most farms are small and own most of the farmland, production has shifted to very large farms. Farms with sales of $1 million or more make up less than 2 percent of all farms, but they account for 48 percent of farm product sales. Most of these million-dollar farms are family farms. Because small-farm households rely on off-farm work for most of their income, general economic policies, such as tax or economic development policy, can be as important to them as traditional farm policy. |
| Tipo: Report |
Palavras-chave: Family farms; Farm program payments; Farm production; Farm household income; Commodity payments; Direct payments; Government payments; Agricultural Resource Management Survey; Contracting; ERS; USDA; Agricultural and Food Policy; Farm Management. |
| Ano: 2007 |
URL: http://purl.umn.edu/59029 |
| |
|
|
| Durst, Ron L.. |
| The current $2.5-million income cap on eligibility for farm program payments affects only a small number of farm program payment recipients each year. A reduction in the cap to $200,000 would affect a larger number of farm households but still only a small share of recipients. Based on IRS tax data for 2004, about 1.2 percent of all farm sole proprietors and about 2 percent of crop share landlords would be potentially subject to the proposed lower adjusted gross income (AGI) cap. ARMS survey data suggest a similar share of farm sole proprietors (1.1 percent) could be affected. When partnerships and farm corporations are included, about 1.5 percent of all farm operator households could be affected because a larger share of farm partnerships (2.5 percent)... |
| Tipo: Report |
Palavras-chave: Farm program payments; Adjusted gross income; Farm typology; Tax data; AGI cap; Farm households; Agricultural Resource Management Survey; Farm Management. |
| Ano: 2007 |
URL: http://purl.umn.edu/59027 |
| |
|
| |
|
| |
|
|
|
