Farm Household Wealth: Where Does it Come From?

Blank, Steven C., Kenneth W. Erickson, Richard Nehring, and Charles Hallahan

from ARE Update Vol. 9, No. 6, July/Aug, 2006

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Abstract

This article 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.

Keywords

farm, wealth, investment, profit, farm size,

Citation

Blank, Steven C., Kenneth W. Erickson, Richard Nehring, and Charles Hallahan. "Farm Household Wealth: Where Does it Come From?" ARE Update 9(6)(2006):5-8. University of California Giannini Foundation of Agricultural Economics.
https://giannini.ucop.edu/publications/are-update/issues/2006/9/6/farm-household-wealth-whe/