Agricultural Profits and Farm Household Wealth: A Farm-level and Cross-sectional Analysis
Resource information
Date of publication
december 2006
Resource Language
ISBN / Resource ID
AGRIS:US2016216496
This study examines the relationship between agricultural profits and farm household wealth across locations and farm sizes in U.S. agriculture. Farmland has out-performed non-farm investments over the past decade. Thus, households may want to keep their farmland to build wealth, even if it requires them to earn off-farm income.