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Structural and Financial Characteristics of U.S. Farms, 1993: 18th Annual Family Farm Report to Congress

Author

Listed:
  • Hoppe, Robert
  • Green, Robert
  • Banker, David
  • Kalbacher, Judith
  • Bentley, Susan E.

Abstract

In 1993, the 2.1 million farms in the contiguous United States operated an average of 436 acres and produced an average of $73,700 in agricultural products, as measured by gross sales. Characteristics of individual farms--including their level of production--varied widely, however. Most production occurred on relatively few commercial farms. Commercial farms (sales of $50,000 or more) were only 27 percent of U.S. farms, but accounted for about 90 percent of sales. Households with noncommercial farms (sales less than $50,000) relied on off-farm sources for virtually all of their income. U.S. farms are diverse, and variation within the industry is hidden by U.S. averages.

Suggested Citation

  • Hoppe, Robert & Green, Robert & Banker, David & Kalbacher, Judith & Bentley, Susan E., 1997. "Structural and Financial Characteristics of U.S. Farms, 1993: 18th Annual Family Farm Report to Congress," Agricultural Information Bulletins 262106, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersab:262106
    DOI: 10.22004/ag.econ.262106
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    References listed on IDEAS

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    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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    Cited by:

    1. Ashok K. Mishra & Carmen L. Sandretto, 2002. "Stability of Farm Income and the Role of Nonfarm Income in U.S. Agriculture," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 24(1), pages 208-221.
    2. Sommer, Judith E. & Hoppe, Robert A. & Green, Robert C. & Korb, Penelope J., 1998. "Structural and Financial Characteristics of U.S. Farms, 1995: 20th Annual Family Farm Report to Congress," Agricultural Information Bulletins 33620, United States Department of Agriculture, Economic Research Service.

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