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Family Farm Households Reap Benefits in Working Off the Farm

Christine Whitt and Jessica Todd ()

Amber Waves:The Economics of Food, Farming, Natural Resources, and Rural America, 2020, vol. March 2020, issue 02

Abstract: Estimates show that family farm households earn income from many sources, including sales of crops and livestock, Government payments, and off-farm income. Households operating small farms, in particular, rely on wages from an off-farm job. Higher and more stable income, health insurance, and retirement benefits are some of the main reasons why farm operators and their spouses find employment off their farm. Among all family farms, 45 percent of principal operators and spouses have a job off the farm.

Keywords: Crop Production/Industries; Farm Management; Financial Economics; Labor and Human Capital; Livestock Production/Industries; Production Economics (search for similar items in EconPapers)
Date: 2020
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DOI: 10.22004/ag.econ.302914

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Handle: RePEc:ags:uersaw:302914