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Older Farmers, Bigger Farms in the Offing

Author

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  • Smith, Matthew G.

Abstract

Look for another round of farm, consolidation, older farmers, and higher farm income by the turn of the century. The number of farmers by then may be 20 percent below the 1982 figure. Abetting these changes are the precarious financial position of many who began farming in the 1970's and fewer farm children to take over from parents. These trends may portend slower productivity growth, more leasing of farmland, and a changing marketplace for businesses and institutions serving the farm sector.

Suggested Citation

  • Smith, Matthew G., 1988. "Older Farmers, Bigger Farms in the Offing," Rural America/ Rural Development Perspectives, United States Department of Agriculture, Economic Research Service, vol. 4(3), June.
    • Handle: RePEc:ags:uersra:310501
    DOI: 10.22004/ag.econ.310501
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    File URL: https://ageconsearch.umn.edu/record/310501/files/RDP0688g.pdf
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    Cited by:

    1. Reimund, Donn A. & Gale, Fred, 1992. "Structural Change in the U.S. Farm Sector, 1974-87: 13th Annual Family Farm Report to Congress," Agricultural Information Bulletins 309659, United States Department of Agriculture, Economic Research Service.

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