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Corporations with Farming Operations

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  • Coffman, George W.

Abstract

In 1968, some 13,300 farming corporations accounted for 1 percent of all commercial farms and operated 7 percent of the farmland. California and Florida had about one-fifth of the total number and some of the largest corporate farming operations. Nearly two-thirds of farming corporations were family owned and controlled. Since farming corporations tend to be closely held, the owners were usually involved in management. However, only one-third of the 12 average employees were either stockholders or stockholder relatives. Farming was the only business activity for the two-thirds of the corporations. Others had farm-related business and nonfarm-related business. The farm product sales of corporations was about $3.3 billion or 8 percent of total sales from all farms in 1967.

Suggested Citation

  • Coffman, George W., 1971. "Corporations with Farming Operations," Agricultural Economic Reports 307443, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerser:307443
    DOI: 10.22004/ag.econ.307443
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    Cited by:

    1. Woods, W. Fred, 1974. "The Value-Added Tax and American Agriculture," Miscellaneous Publications 324767, United States Department of Agriculture, Economic Research Service.
    2. Bagi, Faqir Singh, 1982. "Relationship Between Farm Size And Technical Efficiency In West Tennessee Agriculture," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 14(2), pages 1-6, December.
    3. Brake, John R. & Melichar, Emanuel, 1977. "Agricultural Finance and Capital Markets," A Survey of Agricultural Economics Literature, Volume 1: Traditional Fields of Agricultural Economics 1940s to 1970s,, Agricultural and Applied Economics Association.
    4. Brake, John R. & Melichar, Emanuel, 1977. "PART VI. Agricultural Finance and Capital Markets," AAEA Monographs, Agricultural and Applied Economics Association, number 337218, january.
    5. Gulley, James L., 1974. "Beliefs and Values in American Farming," Miscellaneous Publications 327167, United States Department of Agriculture, Economic Research Service.

    More about this item

    Keywords

    Farm Management; Labor and Human Capital;

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