ERIC Number: ED050237
Record Type: RIE
Publication Date: 1970-Mar
Reference Count: 0
Our 31,000 Largest Farms.
Between 1959 and 1964, the number of farms with annual product sales of over $100,000 rose from 19,979 to 31,401, increasing this group's share of the market from 16 to 24 percent. During the same period, the 408 farms reaching the $1 million mark with a 4 percent share of the market increased to 919 farms with 7 percent of the market. This report analyzes the characteristics of these increasingly important large-scale farms. The data indicate that the operators of the larger farms differ from other operators in educational background, but not in age. The typical large-scale farm is a meat-producing farm located in the West. The report notes that technical efficiency is greater on the large farm, but the ratio of purchased inputs per unit of output is much lower for the small farm. (BH)
Descriptors: Agricultural Personnel, Agricultural Production, Background, Farm Labor, Farm Management, Farmers, Organization Size (Groups), Resources, Rural Development, Rural Economics
Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20402 (A93.28:175, $.65)
Publication Type: N/A
Education Level: N/A
Authoring Institution: Economic Research Service (USDA), Washington, DC. Farm Production Economics Research Div.
Note: Agricultural Economics Report No. 175