U.S. farms vary greatly in size, specialty, and household characteristics. U.S. regions differ markedly in natural resource endowments. And States themselves are widely divergent in terms of their preferences as to how funds from agricultural programs should be spent. Given this diversity, can...

Farm operators in the United States operated nearly 1 billion acres of land in 1986. The average farm size was 652 acres. Sixty percent of farms reported debt, with an average of $107,000 per farm at the end of 1986. Farm operators had assets valued at $300,000 per reporting farm, with farm real...

The average U.S. farm at the end of 1985 operated 709 acres for the year had total production expenses of about $74,000, assets of $325,000, capital investments of $10,000, gross cash farm income of $82,000, and debts equal to 22.5 percent of total assets. These data come from the 1985 Farm...