Economic Well-Being of Farms: Third Annual Report to Congress on the Status of Family Farms

Harald R. Jensen, Thomas C. Hatch and David H. Harrington

No 307903, Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service

Abstract: A farm’s economic well-being depends greatly on its tenure arrangements (ownership and rental of farm resources) and equity (proportion of assets owned debt free). Farms in the best financial condition are fully owned and debt free (usually established farms). Part-owner farms (operator owns part of the land, rents the rest, and owns all machinery and livestock) are also in good shape. The weakest farms are tenant-operated farms with little equity (usually beginning farmers) and full owner farms with 50-percent equity. The effects of size, wealth, income, and five different tenure-equity arrangements are analyzed here for 20 illustrative farms.

Keywords: Agricultural and Food Policy; Agricultural Finance; Consumer/Household Economics; Farm Management (search for similar items in EconPapers)
Pages: 50
Date: 1981-07
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/307903/files/aer469.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:uerser:307903

DOI: 10.22004/ag.econ.307903

Access Statistics for this paper

More papers in Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().