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Farm Operating and Financial Characteristics, 1986

Author

Listed:
  • Nielsen, Elizabeth G.
  • Morehart, Mitchell J.

Abstract

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 estate representing the largest component. Gross cash farm income per farm averaged $70,600. This report provides operating and financial characteristics including farm operating expenses, land transfers and values, labor, and investment by farm size, production specialty, location, occupational specialty, legal organization, and operator age. The data come from the 1986 Farm Costs and Returns Survey.

Suggested Citation

  • Nielsen, Elizabeth G. & Morehart, Mitchell J., 1989. "Farm Operating and Financial Characteristics, 1986," Statistical Bulletin 154669, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssb:154669
    DOI: 10.22004/ag.econ.154669
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    References listed on IDEAS

    as
    1. Morehart, Mitchell J. & Nielsen, Elizabeth G. & Johnson, James D., 1988. "Development and use of financial ratios for the evaluation of farm businesses," Technical Bulletins 312298, United States Department of Agriculture, Economic Research Service.
    2. Johnson, James D., 1987. "Measurement of Farm Financial Performance: Empirical Issues and Current Status," Research Bulletins 183668, Cornell University, Department of Applied Economics and Management.
    3. Morehart, Mitchell J. & Prescott, Richard, 1986. "Farm Operating And Financial Characteristics, January 1985," Staff Reports 277891, United States Department of Agriculture, Economic Research Service.
    4. Morehart, Mitchell J., 1988. "Farm Operating and Financial Characteristics, 1985," Statistical Bulletin 154649, United States Department of Agriculture, Economic Research Service.
    Full references (including those not matched with items on IDEAS)

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