The New Generation of American Farmers: Farm Entry and Exit Prospects for the 1990's

Fred Gale

No 308417, Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service

Abstract: Between 1992 and 2002, more than 500,000 older farmers will exit, to be replaced by about 250,000 new young farmers. Farm numbers are expected to decline about 1.3 percent annually, reaching about 1.7 million by 2002. Farm entries will likely continue at low levels. The decline in farm numbers is not a threat to the Nation's food supply. The complex workings of land and credit markets will determine how farm assets of retiring farmers are transferred to the next generation. The outcome of this process has important implications for the structure of farming in the next century.

Keywords: Agricultural Finance; Farm Management; Labor and Human Capital (search for similar items in EconPapers)
Pages: 45
Date: 1994-10
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/308417/files/aer695.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:308417

DOI: 10.22004/ag.econ.308417

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 ().