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Structure and Finances of U.S. Farms: Family Farm Report, 2010 Edition

Author

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  • Hoppe, Robert A.
  • Banker, David E.

Abstract

Most U.S. farms—98 percent in 2007—are family operations, and even the largest farms are predominantly family run. Large-scale family farms and nonfamily farms account for 12 percent of U.S farms but 84 percent of the value of production. In contrast, small family farms make up most of the U.S. farm count but produce a modest share of farm output. Small farms are less profitable than large-scale farms, on average, and their operator households tend to rely on off-farm income for their livelihood. Generally speaking, farm operator households cannot be characterized as low-income when both farm and offfarm income are considered. Nevertheless, limited-resource farms still exist and account for 3 to 12 percent of family farms, depending on how “limited-resource” is defined.

Suggested Citation

  • Hoppe, Robert A. & Banker, David E., 2010. "Structure and Finances of U.S. Farms: Family Farm Report, 2010 Edition," Economic Information Bulletin 291950, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersib:291950
    DOI: 10.22004/ag.econ.291950
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    Cited by:

    1. Jill Harrison & Christy Getz, 2015. "Farm size and job quality: mixed-methods studies of hired farm work in California and Wisconsin," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 32(4), pages 617-634, December.
    2. Yu, Lili & Niu, Ziheng & Gao, Yang & Tian, Borui, 2019. "Support policy preferences of grain family farms: evidence from Huang-huai-hai plain of China," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 23(5), October.
    3. Linda Lobao & Jeff Sharp, 2013. "Agriculture and rural development," Chapters, in: Gary Paul Green (ed.), Handbook of Rural Development, chapter 7, pages i-ii, Edward Elgar Publishing.
    4. Patrick H., Mooney & Tanaka, Keiko, 2015. "The Family Farms In The United States: Social Relations, Scale And Region," Village and Agriculture (Wieś i Rolnictwo), Polish Academy of Sciences (IRWiR PAN), Institute of Rural and Agricultural Development, vol. 1(166.1).
    5. Weber, Jeremy G. & Key, Nigel D., 2013. "Does proprietor wealth influence small business decisions? Land appreciation and farm business borrowing, land ownership, and output," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150408, Agricultural and Applied Economics Association.
    6. Jeremy G. Weber & Nigel Key, 2015. "Leveraging Wealth from Farmland Appreciation: Borrowing, Land Ownership, and Farm Expansion," Land Economics, University of Wisconsin Press, vol. 91(2), pages 344-361.
    7. Laura Lengnick & Michelle Miller & Gerald Marten, 2015. "Metropolitan foodsheds: a resilient response to the climate change challenge?," Journal of Environmental Studies and Sciences, Springer;Association of Environmental Studies and Sciences, vol. 5(4), pages 573-592, December.
    8. Jeremy G. Weber & Conor Wall & Jason Brown & Tom Hertz, 2015. "Crop Prices, Agricultural Revenues, and the Rural Economy," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 37(3), pages 459-476.
    9. Evan Leonard, 2014. "Middle Ground: Uniting City, Farm, and Nature with Diverse Agroecosystems," American Journal of Economics and Sociology, Wiley Blackwell, vol. 73(5), pages 1007-1134, November.
    10. 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.
    11. Jeremy G. Weber & Nigel Key, 2014. "Do Wealth Gains from Land Appreciation Cause Farmers to Expand Acreage or Buy Land?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 96(5), pages 1334-1348.
    12. Blank, Steven C., 2010. "Economic Sustainability in the Evolving World: Implications for American Agriculture and Economists," Western Economics Forum, Western Agricultural Economics Association, vol. 9(1), pages 1-8.
    13. Zahniser, Steven & Hertz, Thomas & Rimmer, Maureen T. & Dixon, Peter B., 2012. "The Potential Impact of Changes in Immigration Policy on U.S. Agriculture and the Market for Hired Farm Labor: A Simulation Analysis," Economic Research Report 262231, United States Department of Agriculture, Economic Research Service.
    14. Gessner, Heather & Chowdhury, Niaz Murshed & Clary, Reid & Akinyemi, Abidemi & Moges, Michael & Quaye, Archibold, 2014. "The next generation of South Dakota producers, are the operations prepared for the transition of assets and management?," MPRA Paper 90823, University Library of Munich, Germany.
    15. Hoppe, Robert A. & MacDonald, James M., 2013. "Updating the ERS Farm Typology," Economic Information Bulletin 147120, United States Department of Agriculture, Economic Research Service.
    16. White, T. Kirk & Hoppe, Robert A., 2012. "Changing Farm Structure and the Distribution of Farm Payments and Federal Crop Insurance," Economic Information Bulletin 120309, United States Department of Agriculture, Economic Research Service.
    17. Lange, Kelly Y. & Johnson, Jeffrey W. & Johnson, Phillip N. & Hudson, Darren & Wang, Chenggang & Gustafson, Bill, 2013. "Intergenerational Management Transfers in Family Farm Businesses," 2013 Annual Meeting, February 2-5, 2013, Orlando, Florida 142731, Southern Agricultural Economics Association.
    18. Joo, Hyunjeong & Khanal, Aditya R. & Mishra, Ashok K., 2013. "Farmers’ Participation in Agritourism: Does It Affect the Bottom Line?," Agricultural and Resource Economics Review, Cambridge University Press, vol. 42(3), pages 471-490, December.
    19. Pawel Blajer, 2014. "Family farms americane. Status e metodi di supporto," AGRICOLTURA ISTITUZIONI MERCATI, FrancoAngeli Editore, vol. 2014(1), pages 53-82.
    20. Hoppe, Robert A., 2014. "Structure and Finances of U.S. Farms: Family Farm Report, 2014 Edition," Economic Information Bulletin 262118, United States Department of Agriculture, Economic Research Service.
    21. 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.
    22. 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.
    23. Ifft, Jennifer & Nickerson, Cynthia J. & Kuethe, Todd H. & You, Chengxia, 2012. "Potential Farm-Level Effects of Eliminating Direct Payments," Economic Information Bulletin 139809, United States Department of Agriculture, Economic Research Service.
    24. Schilling, Brian J. & Sullivan, Kevin P., 2014. "Characteristics of New Jersey Agritourism Farms," Journal of Food Distribution Research, Food Distribution Research Society, vol. 45(2), pages 1-13, July.

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