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Future of the family farm

361811707_e92b0a52abBy sara on Apr 30, 2007
Viewed 5178 times
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Year Farm portion Nonfarm portion
Clear Clear Clear
1960 1,913 2,141
1961 2,172 2,395
1963 2,200 3,085
1962 2,219 2,682
1964 2,323 3,367
1965 2,552 3,792
1967 2,593 4,585
1981 2,696 14,672
1968 2,814 5,036
2000 2,872 59,351
1988 3,057 29,074
1971 3,238 6,584
1966 3,261 4,262
1969 3,472 5,537
2002 3,477 62,284
1970 3,498 5,974
1977 4,232 10,636
1980 4,285 14,219
1994 4,376 38,092
1989 4,451 26,362
1990 4,626 33,611
1995 4,720 39,671
1993 4,815 35,408
1979 4,857 13,884
1972 4,893 7,436
1982 5,112 15,134
2001 5,301 58,682
1983 5,305 15,561
1978 5,760 12,193
1976 5,777 10,684
1991 5,810 31,638
1999 6,178 57,988
1997 6,205 46,358
1975 6,212 9,479
1984 6,227 16,786
1998 7,104 52,629
1992 7,180 35,731
2003 7,884 60,713
1996 7,904 42,455
1974 8,136 10,065
1973 9,099 8,754
2006 11,113 68,738
1985 11,417 24,056
2007 11,488 70,101
1986 12,553 24,243
2004 14,317 67,279
2005 14,637 66,782
1987 15,659 25,449
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According to the USDA, it used to be assumed that farming households received all of their income from the farm business. That is no longer the case. This data shows which portion of their total income is from the farm vs other business. —sara

Comments (3)

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Jan Hamil says

Speaking from experience as a farm wife, there is no way to make a living with farm income only, we supplement our farm income by selling and servicing Vermeer hay equipment the last 35 years. There is no way a young couple could ever make the farm go with prohibitive prices for fuel, trucks, combines and other farm related equipment -- including hay equipment! The ratio of farm income to other income is appalliing - farmers are the only producers that take what they are offered -- all other producers set a price according to what they have invested in the product -- but the gov't has a way of keeping food prices cheap -- go figure!

posted about 1 year ago

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Anonymous says

But shouldn't the free market dictate prices of selling and buying goods?

posted about 1 year ago

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GB says

Yes, the free market should dictate all commodity prices. And yes, that might result in no more rice being grown in California deserts. And farm subsidies should no longer double tax US citizens (via tax dollars going to farm corporations and artificially high prices at the grocery store). Consumers may pay more for US grown products, or organice products, but that is ultimately a market decision, not one for DC politicians to line the pockets of their pork barrel supporting lobbyists.

posted about 1 year ago

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Scale
52% Farm portion and Nonfarm portion