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The distribution of commodity-related payments and Federal crop insurance indemnities to U.S. farmers has shifted to larger farms as more and more U.S. agricultural production is done on those farms. Since the operators of larger farms tend to have higher household incomes than other farm...
Persistent link: https://www.econbiz.de/10009645979
Research using the Agricultural Resource Management Survey (ARMS) and other data shows that direct government payments to farmers increase rents and the price of land. However, some ARMS data is imputed and does not account for relationships between payments and other variables. We investigate...
Persistent link: https://www.econbiz.de/10011125279
The USDA’s Economic Research Service (ERS) farm typology was originally developed to classify farms into relatively homogeneous groups based on their gross farm sales, the primary occupation of their operators, and whether the farms are family farms. Nearly 15 years have passed since ERS first...
Persistent link: https://www.econbiz.de/10010878797
Crop production is shifting to much larger farms. Since government commodity payments reflect production volumes for program commodities, payments are also shifting to larger farms. In turn, the operators of very large farms have substantially higher household incomes than other farm households,...
Persistent link: https://www.econbiz.de/10005522192
We use two comprehensive and representative USDA databases to assess the performance of small farms in the U.S. Farm production is shifting to much larger farms, and the number of small commercial farms is declining. Most large U.S. farms remain family-owned and operated enterprises, and most...
Persistent link: https://www.econbiz.de/10004998977
American farms encompass a wide range of sizes, ownership structures, and business types, but most farms are still family farms. Family farms account for 98 percent of farms and 85 percent of production. Although most farms are small and own most of the farmland, production has shifted to very...
Persistent link: https://www.econbiz.de/10008519020
U.S. farms are diverse, ranging from small retirement and residential farms to enterprises with annual sales in the millions. Nevertheless, most U.S. farms—98 percent in 2004—are family farms. Even the largest farms tend to be family farms. Large-scale family farms and nonfamily farms...
Persistent link: https://www.econbiz.de/10008519049
Ninety-one percent of U.S. farms are classified as small—gross cash farm income (GCFI) of less than $250,000. About 60 percent of these small farms are very small, generating GCFI of less than $10,000. These very small noncommercial farms, in some respects, exist independently of the farm...
Persistent link: https://www.econbiz.de/10008456871
The studies in this report analyze the effects of decoupled payments in the Federal Agriculture Improvement and Reform (FAIR) Act on recipient households, and assess land, labor, risk management, and capital market conditions that can lead to links between decoupled payments and production...
Persistent link: https://www.econbiz.de/10005513720
Persistent link: https://www.econbiz.de/10010912889