This research uses data from the 2004 Agricultural Resource Management Survey and probit regression to examine the determinants of poverty among U.S. farm households. The findings reveal, among others, the importance of a livelihood strategy that combines participation in government programs and...

While the 1999 drought has had severe financial impacts on agricultural producers in the drought regions, its impact on U.S. agricultural production has been limited. The drought will reduce commodity receipts relative to 1998 by an estimated $1.29 billion. Estimated farm net income losses,...

U.S. agriculture entered the most recent recession better positioned than most U.S. industries, was less affected by the recession than most other U.S. industries, and is likely to continue to do well in the years ahead. The farm sector was bolstered by several years of strong income growth,...