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Persistent link: https://www.econbiz.de/10010913084
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...
Persistent link: https://www.econbiz.de/10008519020
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...
Persistent link: https://www.econbiz.de/10008519049
Ninety-one percent of U.S. farms are classified as small—gross cash farm income (GCFI) of less than $250,000. About 60 percent of these small farms are very small, generating GCFI of less than $10,000. These very small noncommercial farms, in some respects, exist independently of the farm...
Persistent link: https://www.econbiz.de/10008456871
Persistent link: https://www.econbiz.de/10010912889
National average statistics related to farm production mask the diversity in the Nation's 2 million farms and the people who operate them. Farms in the United States differ not only by size (sales and acres) and type of production, but also by organizational characteristics (land ownership,...
Persistent link: https://www.econbiz.de/10005500236
The Economic Research Service (ERS) developed a farm typology which categorizes farms into more homogeneous groups than do classifications based on sales volume alone, producing a more effective policy development tool. The typology is used to describe U.S. farms.
Persistent link: https://www.econbiz.de/10005806562
Persistent link: https://www.econbiz.de/10009203431
This paper examines farms in areas undergoing development, using a longitudinal file constructed by linking several agricultural censuses. Individual farms are followed over the 1982-97 period. Survival, exit, and entrance rates are presented for three types of farms: recreational, adaptive, and...
Persistent link: https://www.econbiz.de/10005807742
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...
Persistent link: https://www.econbiz.de/10008741283