Demographics, production characteristics and financial performance executive summary: a comparison of low-sales, medium-sales, and large family farm operations in the United States
Date
2011-12
Authors
Pritchett, James, author
Johnson, Kamina, author
Seitzinger, Ann, author
Thilmany, Dawn, author
Pendell, Dustin, author
Colorado State University, Department of Agricultural and Resource Economics, publisher
Journal Title
Journal ISSN
Volume Title
Abstract
The financial performance, resilience and long run sustainability of small and mid-sized farms and ranches are an important concern for agriculture's stakeholders and policy makers. A determined effort to uncover the ingredients of small operations' successes initiated this analysis of data from the 2008 Agricultural Resource Management Survey (ARMS)3 that is conducted by USDA's Economic Research Service (ERS) and National Agricultural Statistics Service (NASS). This document is an executive summary of the findings from the three fact sheets, and it will detail the methods used to categorize operations from the 2008 ARMS data. Broad themes are summarized from results and opportunities for future research noted.
Description
December 2011.
Rights Access
Subject
gross sales
assets
costs
quartile
performance
rate of return on assets
mid-sized farms
United States
small farms