Hoppe, Robert A.; Korb, Penelope J. - Economic Research Service, Department of Agriculture - 2006
The rate at which U.S. farms go out of business, or exit farming, is about 9 or 10 percent per year, comparable to exit rates for nonfarm small businesses in the United States. U.S. farms have not disappeared because the rate of entry into farming is nearly as high as the exit rate. The...