Acquiring Farmland in the United States

Denise Rogers and Gene Wunderlich

No 309696, Agricultural Information Bulletins from United States Department of Agriculture, Economic Research Service

Abstract: By what methods do people acquire farmland? According to the Census of Agriculture's Agricultural Economics and Land Ownership Survey (AELOS), owners acquired 51 percent of their farmland by purchase from a nonrelative, which represents arm's-length or market-driven sales. They acquired another 18 percent in purchase from relatives; these transactions may Contain nonmarket influences on price and financing. The remaining 31 percent of farmland was acquired by inheritance, gift, and other methods. Farm operators acquired a higher proportion of their farmland through purchase than did owners who are not farm operators. According to the 1988 AELOS and supporting surveys, 3.5 percent of farmland, on average, changes hands each year.

Keywords: Farm Management; Land Economics/Use (search for similar items in EconPapers)
Pages: 15
Date: 1993-09
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://ageconsearch.umn.edu/record/309696/files/aib682.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:uersab:309696

DOI: 10.22004/ag.econ.309696

Access Statistics for this paper

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