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Structural and Financial Characteristics of U.S. Farms: 2001 Family Farm Report

Author

Listed:
  • Johnson, James D.
  • Perry, Janet E.
  • Korb, Penelope J.
  • Sommer, Judith E.
  • Ryan, James T.
  • Green, Robert C.
  • Durst, Ron L.
  • Monke, James D.

Abstract

Family farms vary widely in size and other characteristics, ranging from very small retirement and residential farms to establishments with sales in the millions of dollars. The farm typology developed by the Economic Research Service (ERS) categorizes farms into groups based primarily on occupation of the operator and sales class of the farm. The typology groups reflect operators' expectations from farming, position in the life cycle, and dependence on agriculture. The groups differ in their importance to the farm sector, product specialization, program participation, and dependence on farm income. These (and other) differences are discussed in this report.

Suggested Citation

  • Johnson, James D. & Perry, Janet E. & Korb, Penelope J. & Sommer, Judith E. & Ryan, James T. & Green, Robert C. & Durst, Ron L. & Monke, James D., 2001. "Structural and Financial Characteristics of U.S. Farms: 2001 Family Farm Report," Agricultural Information Bulletins 33707, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersab:33707
    DOI: 10.22004/ag.econ.33707
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    References listed on IDEAS

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    1. Butler, Margaret A. & Beale, Calvin L., 1994. "Rural-Urban Continuum Codes for Metro and Nonmetro Counties, 1993," Staff Reports 278774, United States Department of Agriculture, Economic Research Service.
    2. Monke, James D. & Durst, Ron L., 1998. "The Taxpayer Relief Act of 1997: Provisions for Farmers and Rural Communities," Agricultural Economic Reports 33905, United States Department of Agriculture, Economic Research Service.
    3. 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.
    4. Michael Boehlje, 1992. "Alternative models of structural change in agriculture and related industries," Agribusiness, John Wiley & Sons, Ltd., vol. 8(3), pages 219-231.
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    Cited by:

    1. Vergara, Oscar & Coble, Keith H. & Patrick, George F. & Knight, Thomas O. & Baquet, Alan E., 2004. "Farm Income Variability and the Supply of Off-Farm Labor by Limited-Resource Farmers," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 36(2), pages 1-13, August.
    2. Lohr, Luanne, 2002. "Benefits of U.S. organic agriculture," MPRA Paper 24327, University Library of Munich, Germany.
    3. Lohr, Luanne & Park, Timothy A., 2002. "Choice of insect management portfolios by organic farmers: lessons and comparative analysis," Ecological Economics, Elsevier, vol. 43(1), pages 87-99, November.
    4. Zahniser, Steven & Hoppe, Robert A. & Johnson, James D. & Banker, David E., 2002. "Structural Change In An Era Of Increased Openness: A Background Paper On The Structure Of U.S. Agriculture," Proceedings of the 7th Agricultural and Food Policy Systems Information Workshop, 2001: Structural Change as a Source of Trade Disputes Under NAFTA 16872, Farm Foundation, Agricultural and Food Policy Systems Information Workshops.
    5. Ahearn, Mary Clare & Korb, Penelope J. & Banker, David E., 2005. "Industrialization and Contracting in U.S. Agriculture," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 37(2), pages 1-18, August.
    6. Bowles, Tyler J. & Bosworth, Ryan C., 2001. "Farm Household Wealth: Measurement, Structure, And Determinants," 2001 Annual Meeting, July 8-11, 2001, Logan, Utah 36052, Western Agricultural Economics Association.
    7. Bill Pritchard & Matthew Tonts, 2011. "Market Efficiency, Agriculture and Prosperity in Rural Australia," Chapters, in: Matthew Tonts & M. A.B. Siddique (ed.), Globalisation, Agriculture and Development, chapter 3, Edward Elgar Publishing.
    8. Chaddad, Fabio Ribas & Cook, Michael L., 2002. "Testing For The Presence Of Financial Constraints In U.S," Working Papers 26045, University of Missouri Columbia, Department of Agricultural Economics.
    9. Dodson, Charles B., 2004. "Farmland Ownership Transitions," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2004, pages 1-8.
    10. Roderick M. Rejesus & Cesar L. Escalante & Ashley C. Lovell, 2005. "Share Tenancy, Ownership Structure, and Prevented Planting Claims in Crop Insurance," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 87(1), pages 180-193.
    11. Blandford, David & Boisvert, Richard N., 2002. "Non-Trade Concerns And Domestic/International Policy Choice," Working Papers 14615, International Agricultural Trade Research Consortium.
    12. Lohr, Luanne & Park, Timothy A., 2003. "Improving Extension Effectiveness for Organic Clients: Current Status and Future Directions," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 28(3), pages 1-17, December.
    13. Dawn D. Thilmany, 2004. "Colorado Crop to Cuisine," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 26(3), pages 404-416.
    14. Hoppe, Robert A. & Korb, Penelope J., 2001. "Farm Operations Facing Development: Results From The Census Longitudinal File," 2001 Annual meeting, August 5-8, Chicago, IL 20771, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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    Keywords

    Agricultural Finance; Farm Management;

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