Outlook for Farm Financial Conditions

Blank, Steven C

from ARE Update Vol. 5, No. 4, Mar/Apr, 2002

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USDA forecasts lower total farm income for 2002 and, for the first time, negative average farm income per farm operator household. Ironically, non-farm income and demand for land are supporting farmers in regions where crop diversification is not readily possible. California is performing better.


income, wealth, farm, non-farm, government support, globalization, risk, profitability


Blank, Steven C. 2002. "Outlook for Farm Financial Conditions." ARE Update 5(4): 5-6. University of California Giannini Foundation of Agricultural Economics.