Congress enacted substantial revisions to the lending programs, including creation of insurance for farm mortgages, after World War II with the 1946 Act ( farmdoc daily, March 11, 2021). The USDA farm loan programs originated in 1937 as part of the late New Deal efforts to address problems of the Great Depression ( farmdoc daily, March 4, 2021).
Changing Structure, Financial Risks, and Government Policy for the U.S.
(EIB-184, November 2017) shows how the shift of production to larger farms resulted in a shift of payments and indemnities to larger farms operated by higher-income households The Evolving Distribution of Payments From Commodity, Conservation, and Federal Crop Insurance Programs.( ERR-254, August 2018) provides a broad perspective on financial well-being of farm households, including the returns that farmers-as small business owners and landholders-receive from tax law and land ownership (EB-29, September 2019) provides an overview of b eginning farms (those on which all operators have no more than 10 years of farming experience). An Overview of Beginning Farms and Farmers.See the ERS reports for more information: Recent ERS research has analyzed how dairy policy has been redesigned in response to increased price risks and the changing structure of dairy farms. Small Farms in the United States: Persistence Under PressureĬhanging farm structure affects the distribution of benefits from farm programs, and the specific elements of farm program design can affect farm structure.The Potential Impact of Tax Reform on Farm Businesses and Rural Households.Farm Size and the Organization of U.S.Working the Land With 10 Acres: Small Acreage Farming in the United States.The Changing Organization and Well-Being of Midsize U.S.Three Decades of Consolidation in U.S.(EIB-211, October 2019) compares recent aggregate and farm-level measures of financial performance to historic levels to better understand the severity of the current downturn in the agricultural economy and to identify the types of farms that are under the greatest financial stress.
Agricultural Sector: Historical Comparisons Other research analyzes the impact of changing Federal policies on farm organization and financial performance. Recent ERS analyses have documented the long-standing shifts of agricultural production to larger family farms, and have identified the continuing role of small farms in U.S. Examples of recent and ongoing research topics include the following, with links to relevant ERS reports.
#Hobby farm home magazine december 2011 professional#
The research generally makes extensive use of data from the Census of Agriculture and the Agricultural Resource Management Survey, and the findings are published in peer-reviewed ERS reports and professional journals. ERS research provides detailed empirical analyses of specific issues related to the economics of farm structure and organization.
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