Outlook for Farm Financial Conditions

Blank, Steven C

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

View Full Article PDF: Outlook for Farm Financial Conditions

Abstract

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.

Keywords

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

Citation

Blank, Steven C. "Outlook for Farm Financial Conditions." ARE Update 5(4)(2002):5-6. University of California Giannini Foundation of Agricultural Economics.
https://giannini.ucop.edu/publications/are-update/issues/2002/5/4/outlook-for-farm-financia/