Structure and Finances of U.S. Farms: 2005 Family Farm Report

dc.creatorHoppe, Robert A.
dc.creatorBanker, David E.
dc.date2017-04-01T19:23:41Z
dc.date.accessioned2026-07-09T04:22:10Z
dc.descriptionMost farms in the United States- 98 percent in 2003- are family farms. They are organized as proprietorships, partnerships, or family corporations. Even the largest farms tend to be family farms, although they are more likely to have more than one operator. Very large family farms and nonfamily farms account for a small share of farms but a large-and growing-share of farm sales. Small family farms account for most of the farms in the United States but produce a modest share of farm output. Median income for farm households is 10 percent greater than the median for all U.S. households, and small-farm households receive substantial off-farm income. Many farm households have a large net worth, reflecting the land-intensive nature of farming.
dc.identifierdoi:10.22004/ag.econ.33895
dc.identifierhttps://ageconsearch.umn.edu/record/33895/files/ei060012.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/33895
dc.identifier.urihttp://hdl.handle.net/123456789/548899
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/33895
dc.titleStructure and Finances of U.S. Farms: 2005 Family Farm Report
dc.typeText

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