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The continuing shift in production away from small commercial farms to larger farms is driven by financial pressures and aging operators. Some small commercial farms are profitable, while others stay in business by accepting low returns for their labor. Small commercial farms produced 22 percent...
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Traditionally, the economic well-being of households is gauged by indicators of the financial resources available–— household income and, when available, wealth. ERS publishes estimates of farm household income and wealth based on responses to USDA’s annual Agricultural...
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Over the past three decades, the number of farming operations has remained relatively steady, but production has shifted to larger farms. Changes in production and marketing practices have facilitated—and have been facilitated by—organizational and distributional changes in...
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