IDEAS home Printed from https://ideas.repec.org/p/ags/uersib/59032.html
   My bibliography  Save this paper

Structure and Finances of U.S. Farms: Family Farm Report, 2007 Edition

Author

Listed:
  • Hoppe, Robert A.
  • Korb, Penelope J.
  • O'Donoghue, Erik J.
  • Banker, David E.

Abstract

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 account for 10 percent of U.S farms, but 75 percent of the value of production. In contrast, small family farms make up most of the U.S. farm count, produce a modest share of farm output, and receive substantial off-farm income. Many farm households have a large net worth, reflecting the land-intensive nature of farming.

Suggested Citation

  • Hoppe, Robert A. & Korb, Penelope J. & O'Donoghue, Erik J. & Banker, David E., 2007. "Structure and Finances of U.S. Farms: Family Farm Report, 2007 Edition," Economic Information Bulletin 59032, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersib:59032
    DOI: 10.22004/ag.econ.59032
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/59032/files/eib24.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.59032?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ziying Jiang & Bo Xu, 2014. "Geographically weighted regression analysis of the spatially varying relationship between farming viability and contributing factors in Ohio," Regional Science Policy & Practice, Wiley Blackwell, vol. 6(1), pages 69-83, March.
    2. Peterson, Hikaru Hanawa & Barkley, Andrew P. & Chacon-Cascante, Adriana & Kastens, Terry L., 2012. "The Motivation for Organic Grain Farming in the United States: Profits, Lifestyle, or the Environment?," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 44(2), pages 1-19, May.
    3. Hand, Michael S. & Nickerson, Cynthia J., 2009. "The Role of Cost-Share Rates and Prices on the Size of Conservation Investments in EQIP," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49257, Agricultural and Applied Economics Association.
    4. Almuhanad Melhim & Erik J. O’Donoghue & C. Richard Shumway, 2009. "Do the Largest Firms Grow and Diversify the Fastest? The Case of U.S. Dairies," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 31(2), pages 284-302.
    5. Todd, Jessica E. & Whitt, Christine & Key, Nigel & Mandalay, Okkar, 2024. "An Overview of Farms Operated by Socially Disadvantaged, Women, and Limited Resource Farmers and Ranchers in the United States," Economic Information Bulletin 340512, United States Department of Agriculture, Economic Research Service.
    6. T. van der Heijden & N. Vink, 2013. "Good for whom? Supermarkets and small farmers in south africa - a critical review of current approaches to increasing access to modern markets," Agrekon, Taylor & Francis Journals, vol. 52(1), pages 68-86, March.
    7. Yuval Dolev & Ayal Kimhi, 2010. "Do family farms really converge to a uniform size? The role of unobserved farm efficiency ," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 54(1), pages 119-136, January.
    8. Dr Ray Trewin, 2009. "Poultry Sector Support and Protection, Structural Change and Disease Risk," International and Development Economics Working Papers idec09-01, International and Development Economics.
    9. MacDonald, James M. & Key, Nigel D., 2012. "Market Power in Poultry Production Contracting? Evidence from a Farm Survey," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 44(4), pages 1-14, November.
    10. Hoppe, Robert & Korb, Penni, 2013. "Characteristics of Women Farm Operators and Their Farms," Economic Information Bulletin 148543, United States Department of Agriculture, Economic Research Service.
    11. MacDonald, James M. & Korb, Penelope J., 2011. "Agricultural Contracting Update: Contracts in 2008," Economic Information Bulletin 101279, United States Department of Agriculture, Economic Research Service.
    12. Brown, Jason P. & Goetz, Stephan J. & Fleming, David A., 2012. "Multifunctional Agriculture and Farm Viability in the United States," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 126929, Agricultural and Applied Economics Association.
    13. David E. Ervin & Leland L. Glenna & Raymond A. Jussaume, 2011. "The Theory and Practice of Genetically Engineered Crops and Agricultural Sustainability," Sustainability, MDPI, vol. 3(6), pages 1-28, June.
    14. Jennifer Wilkins, 2009. "Civic dietetics: opportunities for integrating civic agriculture concepts into dietetic practice," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 26(1), pages 57-66, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:uersib:59032. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/ersgvus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.