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Nonfamily farm operations and the households that operate them / Katherine Lacy, Katherine Lim, David Williams, and Christine Whitt.
- Format:
- Book
- Government document
- Author/Creator:
- Lacy, Katherine (Agricultural economist), author.
- Lim, Katherine (Agricultural economist), author.
- Williams, David J. (Agricultural economist), author.
- Whitt, Christine, author.
- Series:
- Economic information bulletin ; no. 289.
- Economic information bulletin ; number 289
- Language:
- English
- Subjects (All):
- Farms, Size of--Economic aspects--United States.
- Farms, Size of.
- Family farms--Economic aspects--United States.
- Family farms.
- Farm management--United States.
- Farm management.
- Agricultural surveys--United States--Data processing.
- Agricultural surveys.
- Physical Description:
- 1 online resource (ii, 18 pages) : color illustrations.
- Place of Publication:
- [Washington, D.C.] : U.S. Department of Agriculture, Economic Research Service, March 2025.
- Summary:
- Nonfamily farms (where no producer, household, or extended family owns at least 50 percent of the operation) constitute about 2 percent of total U.S. farms from 2018 to 2022. This report explores nonfamily farms and the households of their principal producers by farm size combining data collected from the annual Agricultural Resource Management Survey from 2018 to 2022. Statistics for nonfamily farms are compared with equivalently sized family farms. Findings show that 70 percent of all nonfamily farms were considered small, with less than $350,000 in gross cash farm income. Nonfamily farms accounted for 13.4 percent of the value of production from 2018 to 2022 (combined), but much of that production came from large-scale producers. Small nonfamily farms were less financially vulnerable compared with small family farms. Principal producer households of nonfamily farms had lower wealth, income, and debt compared with family farm principal producer households.-- Provided by publisher.
- Notes:
- In scope of the U.S. Government Publishing Office Catalog and Indexing Program (C&I) and Federal Depository Library Program (FDLP).
- Includes bibliographical references (pages 17-18).
- Description based on online resource; title from PDF title page (USDA ERS, viewed March 26, 2025).
- OCLC:
- 1511583830
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