|
|
|
|
| |
|
| |
|
|
| Hoppe, Robert A.; Korb, Penelope J.; Banker, David E.. |
| Million-dollar farms—those with annual sales of at least $1 million—accounted for about half of U.S. farm sales in 2002, up from a fourth in 1982 (with sales measured in constant 2002 dollars). By 2006, million-dollar farms, accounting for 2 percent of all U.S. farms, dominated U.S. production of high-value crops, milk, hogs, poultry, and beef. The shift to million-dollar farms is likely to continue because they tend to be more profitable than smaller farms, giving them a competitive advantage. Most million-dollar farms (84 percent) are family farms, that is, the farm operator and relatives of the operator own the business. The million-dollar farms organized as nonfamily corporations tend to have no more than 10 stockholders. |
| Tipo: Report |
Palavras-chave: Contracting; Family farms; Farm businesses; Farm financial performance; Farm-operator household income; Farm operators; Farm structure; Farm type; Million-dollar farms; Farm Management. |
| Ano: 2008 |
URL: http://purl.umn.edu/58623 |
| |
|
|
| Hoppe, Robert A.; Korb, Penelope J.; O'Donoghue, Erik J.; Banker, David E.. |
| U.S. farms are diverse, ranging from small retirement and residential farms to enterprises with annual sales in the millions. Nevertheless, most U.S. farms—98 percent in 2004—are family farms. Even the largest farms tend to be family farms. Large-scale family farms and nonfamily farms account for 10 percent of U.S farms, but 75 percent of the value of production. In contrast, small family farms make up most of the U.S. farm count, produce a modest share of farm output, and receive substantial off-farm income. Many farm households have a large net worth, reflecting the land-intensive nature of farming. |
| Tipo: Report |
Palavras-chave: Contracting; Family farms; Farm businesses; Farm financial performance; Farm-operator household income; Farm operators; Farm structure; Farm type; Million-dollar farms; Small farms; ERS; USDA; Agricultural and Food Policy; Farm Management. |
| Ano: 2007 |
URL: http://purl.umn.edu/59032 |
| |
|
|
| Chavez, Eddie C.; Dixon, Bruce L.; Ahendsen, Bruce L.; Wailes, Eric J.. |
| This study presents and analyzes the mean financial characteristics of different types of crop and livestock farms in the U.S. in 2005. The eighteen farm types are: poultry, beef cattle, hogs, dairy, general livestock, general cash grain, wheat, corn, soybean, grain sorghum, rice, tobacco, cotton, peanut, general crop, fruits and tree nuts, vegetables, and nursery and greenhouse. Significant, two-way statistical differences in mean farm income statement and farm balance sheet variables are highlighted. Results provide a general indication of the comparative profitability, liquidity, solvency, and financial efficiency of different types of U. S. crop and livestock farms. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Farm type; ARMS data; Financial characteristics; Financial ratios; 2005; Agricultural Finance; Production Economics; Q12; Q14; D21. |
| Ano: 2009 |
URL: http://purl.umn.edu/55780 |
| |
|
|
| Hoppe, Robert A.; Banker, David E.; MacDonald, James M.. |
| American farms vary widely in size and other characteristics, but farming is still an industry of family businesses. Ninety-eight percent of farms are family farms, and they account for 82 percent of farm production. Small family farms make up most of the U.S. farm count and hold the majority of farm assets, but they produce a modest share of U.S. farm output. In contrast, large-scale family farms and nonfamily farms—only 12 percent of all farms—account for 84 percent of farm production. Small farms are less profitable than large-scale farms, on average, and the households operating them tend to rely on off-farm income for their livelihood. Because small-farm households receive most of their income from off-farm work, general economic policies—such as tax... |
| Tipo: Report |
Palavras-chave: Family farms; Farm businesses; Farm financial performance; Farm-operator household income; Farm operators; Farm structure; Farm type; Government payments; Limited-resource farms; Small farms; ERS; USDA; Agribusiness; Agricultural Finance; Farm Management. |
| Ano: 2010 |
URL: http://purl.umn.edu/96653 |
| |
|
|
| Durguner, Seda; Katchova, Ani L.. |
| Employing a logit model and farm-level data for Illinois from 1995 to 2004, this study explores the importance of farm-type differences in the development of credit scoring models. Apart from the conclusion that regional credit scoring models specific to each farm type are needed, the following are identified as the most pertinent factors for explaining creditworthiness: previous years working capital to gross farm return, the debt-to-asset ratio, and return on farm assets. Furthermore, beef farms have a larger marginal effect compared to grain farms on the probability of the farmer being highly creditworthy. Hog farms differ from grain farms in how the following financial characteristics affect farmer creditworthiness: solvency, profitability, and... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Creditworthiness; Credit scoring; Cut-off point; Farm type; FBFM; Agricultural Finance. |
| Ano: 2007 |
URL: http://purl.umn.edu/9356 |
| |
|
| |
|
|
|
