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Structure and Finances of U.S. Farms: 2005 Family Farm Report AgEcon
Hoppe, Robert A.; Banker, David E..
Most farms in the United States—98 percent in 2003—are family farms. They are organized as proprietorships, partnerships, or family corporations. Even the largest farms tend to be family farms, although they are more likely to have more than one operator. Very large family farms and nonfamily farms account for a small share of farms but a large—and growing—share of farm sales. Small family farms account for most of the farms in the United States but produce a modest share of farm output. Median income for farm households is 10 percent greater than the median for all U.S. households, and small-farm households receive substantial off-farm income. Many farm households have a large net worth, reflecting the land-intensive nature of farming.
Tipo: Report Palavras-chave: Agricultural Resource Management Survey (ARMS); Family farms; Farm businesses; Farm financial performance; Farm-operator household income; Farm operators; Farm structure; Farm type; Multiple-operator farms; Multiple-generation farms; Small farms; Contracting; Farm Management.
Ano: 2006 URL: http://purl.umn.edu/59404
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America's Diverse Family Farms: Structure and Finances AgEcon
Hoppe, Robert A.; MacDonald, James M.; Banker, David E..
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 86 percent of farm production. Very small farms are growing in number, and small family farms continue to own most farmland. But production is shifting toward very large family farms. Because small-farm households receive most of their income from off-farm work, general economic policies—such as tax policy or economic development policy—can be as important to them as traditional farm policy.
Tipo: Report Palavras-chave: Agricultural Resource Management Survey (ARMS); Family farms; Farm businesses; Farm financial performance; Farm-operator household income; Farm operators; Farm structure; Farm type; Multiple-operator farms; Multiple-generation farms; Small farms; ERS; Agribusiness.
Ano: 2006 URL: http://purl.umn.edu/59406
Registros recuperados: 2
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