Older Operators Often Run Small Family Farms, Particularly Retirement and Low-Sales Farms

Robert A. Hoppe, Dipak Subedi and Dennis Vilorio

Amber Waves:The Economics of Food, Farming, Natural Resources, and Rural America, 2018, vol. March 2018, issue 02

Abstract: A notable characteristic of principal farm operators, the person most responsible for running the farm, is their relatively advanced age. In 2016, 36 percent of principal farm operators were at least 65 years old, compared with only 14 percent of self-employed workers in nonagricultural businesses. Older operators ran 37 percent of all small family farms.

Keywords: Agricultural and Food Policy; Farm Management; Financial Economics (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersaw:302516

DOI: 10.22004/ag.econ.302516

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