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State Regulation of Corporate Farming

Author

Listed:
  • Edmondson, Thomas D.
  • Krause, Kenneth R.

Abstract

As of December 1977, 10 States had enacted legislation restricting corporate farming (farm operations, vertical integration, and ownership of farmland). The statutes’ main intent was to protect the family farmer from competition by large agribusiness firms. Those statutes are described and their effectiveness analyzed. The available data on corporate farming operations, from the census of agriculture and the Internal Revenue Service, suggest that the State statutes may be premature; corporate farms with more than 10 shareholders account for only 5 percent of total U.S. agricultural sales. Thus, some States concerned with the encroachment of corporate farming are considering enactment of reporting laws to collect more specific information.

Suggested Citation

  • Edmondson, Thomas D. & Krause, Kenneth R., 1978. "State Regulation of Corporate Farming," Agricultural Economic Reports 307696, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerser:307696
    DOI: 10.22004/ag.econ.307696
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    File URL: https://ageconsearch.umn.edu/record/307696/files/aer419.pdf
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    References listed on IDEAS

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    1. Morrison, Fred L. & Krause, Kenneth R., 1975. "State and Federal Legal Regulation of Alien and Corporate Land Ownership and Farm Operation," Agricultural Economic Reports 307529, United States Department of Agriculture, Economic Research Service.
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    Cited by:

    1. Mayer, Joseph W., 1981. "State Laws Relating to the Ownership of U.S. Land by Aliens and Business Entities," Staff Reports 324706, United States Department of Agriculture, Economic Research Service.

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