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Structural and Financial Characteristics of U.S. Farms: 2004 Family Farm Report

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Abstract

This report presents comprehensive information on family and nonfamily farms and important trends in farming, operator household income, farm performance, and contracting. Most farms are family farms. Even the largest farms tend to be family farms. Small family farms account for most of the farms in the U.S. but produce a modest share of farm output. Average farm household income has been at or above the average for all U.S. households in recent years, with farm households receiving most of their income from off-farm sources.

Suggested Citation

  • Unknown, 2005. "Structural and Financial Characteristics of U.S. Farms: 2004 Family Farm Report," Agricultural Information Bulletins 33600, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersab:33600
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    File URL: https://ageconsearch.umn.edu/record/33600/files/ai050797.pdf
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    References listed on IDEAS

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    1. Hoppe, Robert A. & Korb, Penelope J., 2001. "Farm Operations Facing Development: Results From The Census Longitudinal File," 2001 Annual meeting, August 5-8, Chicago, IL 20771, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Ribaudo, Marc, 2003. "Managing Manure," Amber Waves:The Economics of Food, Farming, Natural Resources, and Rural America, United States Department of Agriculture, Economic Research Service, pages 1-8, February.
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    Cited by:

    1. Štefan Bojnec & Kristina Knific, 2021. "Farm Household Income Diversification as a Survival Strategy," Sustainability, MDPI, vol. 13(11), pages 1-16, June.
    2. Royer, Jeffrey S, 2005. "The Comparative Advantages of Family-Owned Businesses," Cornhusker Economics 306398, University of Nebraska-Lincoln, Department of Agricultural Economics.
    3. Timothy A. Wise, "undated". "Understanding the Farm Problem: Six Common Errors in Presenting Farm Statistics," GDAE Working Papers 05-02, GDAE, Tufts University.
    4. Ke-Fen Chang & Pei-Ing Wu & Je-Liang Liou & Shou-Lin Yang, 2022. "Contract Owner’s Best Commanding for Sweet Potato Farming Based on the Theory of Planned Behavior," Agriculture, MDPI, vol. 12(8), pages 1-18, August.
    5. Fernandez-Cornejo, Jorge & Mishra, Ashok K. & Nehring, Richard F. & Hendricks, Chad & Southern, Malaya & Gregory, Alexandra, 2007. "Off-Farm Income, Technology Adoption, And Farm Economic Performance," Economic Research Report 7234, United States Department of Agriculture, Economic Research Service.

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    Keywords

    Agricultural Finance; Farm Management;

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