Structural and Financial Characteristics of U.S. Farms, 1994: 19th Annual Family Farm Report to the Congress

Judith E. Sommer, David E. Banker, Robert C. Green, Judith Z. Kalbacher, Neal R. Peterson and Theresa Y. Sun

No 309838, Agricultural Information Bulletins from United States Department of Agriculture, Economic Research Service

Abstract: National average statistics related to farm production mask the diversity in the Nation's 2 million farms and the people who operate them. Farms in the United States differ not only by size (sales and acres) and type of production, but also by organizational characteristics (land ownership, legal organization, contracting arrangements) and financial characteristics (debt, assets, income, expenditures). Farm operators and their households vary with respect to demographic characteristics (occupation, age, education), financial characteristics (dependence on farm income, operator/spouse labor allocation), and management characteristics (information sources, business goals). Using information from USDA's 1994 Farm Costs and Returns Survey, this report brings together all these facets of farming to more fully describe these participants in agricultural production.

Keywords: Agricultural and Food Policy; Consumer/Household Economics; Farm Management; Financial Economics; Land Economics/Use (search for similar items in EconPapers)
Pages: 116
Date: 1997-07
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersab:309838

DOI: 10.22004/ag.econ.309838

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