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Farm Financial Stress, Farm Exits, and Public Sector Assistance to the Farm Sector in the 1980's

Author

Listed:
  • Stam, Jerome M.
  • Koenig, Steven R.
  • Bentley, Susan E.
  • Gale, H. Frederick, Jr.

Abstract

The U.S. farm sector experienced the worst financial stress during the 1980's since the 1930's. Families leaving agriculture during the decade received considerable national attention, but the numbers were small by historical standards. When adjustments are made in farm numbers because of the 1974 change in the definition of a farm, the average annual decrease in farm numbers for 1980-90 was almost the same as that for 1970-80. This report places the farm financial stress and farm exits in the 1980's into context using a variety of information. The effects of short-term economic events on farm exits, net changes in farm numbers, longrun trends in farm numbers, and public sector support for the farm sector are examined.

Suggested Citation

  • Stam, Jerome M. & Koenig, Steven R. & Bentley, Susan E. & Gale, H. Frederick, Jr., 1991. "Farm Financial Stress, Farm Exits, and Public Sector Assistance to the Farm Sector in the 1980's," Agricultural Economic Reports 308151, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerser:308151
    DOI: 10.22004/ag.econ.308151
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    References listed on IDEAS

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    Cited by:

    1. Gale, Fred, 1994. "The New Generation of American Farmers: Farm Entry and Exit Prospects for the 1990's," Agricultural Economic Reports 308417, United States Department of Agriculture, Economic Research Service.
    2. H. Frederick Gale, 2003. "Age-Specific Patterns of Exit and Entry in U.S. Farming, 1978–1997," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 25(1), pages 168-186.
    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. Hoppe, Robert A., 1994. "Farming Operations and Households in Farming Areas: A Closer Look," Agricultural Economic Reports 308287, United States Department of Agriculture, Economic Research Service.

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