Income, Wealth, and the Economic Well-being of Farm Households

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (57 download)

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Book Synopsis Income, Wealth, and the Economic Well-being of Farm Households by :

Download or read book Income, Wealth, and the Economic Well-being of Farm Households written by and published by . This book was released on 2002 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Farm Household Well-Being

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Author :
Publisher : DIANE Publishing
ISBN 13 : 1437929257
Total Pages : 48 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Farm Household Well-Being by : Carol Adaire

Download or read book Farm Household Well-Being written by Carol Adaire and published by DIANE Publishing. This book was released on 2010-08 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Household economic well-being can be gauged by the financial resources (income/wealth) available to the household or by the standard of living enjoyed by household members (consumption). Based on responses to an annual Agricultural Resource Management Survey (ARMS), the Dept. of Agriculture has long published estimates of farm household income and wealth. This report presents, for the first time, estimates of consumption-based measures of well-being for farm households based on new questions in ARMS. The consumption measure provides a different perspective from income or wealth on farm households¿ well-being relative to that of all U.S. households. Charts and tables.

Farm Household Well-Being

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Publisher : CreateSpace
ISBN 13 : 9781515263579
Total Pages : 46 pages
Book Rating : 4.2/5 (635 download)

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Book Synopsis Farm Household Well-Being by : United States Department of Agriculture

Download or read book Farm Household Well-Being written by United States Department of Agriculture and published by CreateSpace. This book was released on 2015-07-30 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Household economic well-being can be gauged by the financial resources (income/wealth) available to the household or by the standard of living enjoyed by household members (consumption). Based on responses to USDA's annual Agricultural Resource Management Survey (ARMS), a joint effort by the Economic Research Service (ERS) and the USDA National Agricultural Statistics Service, ERS has long published estimates of farm household income and wealth. This report presents, for the first time, estimates of consumption-based measures of well-being for farm households based on new questions in ARMS. The consumption measure provides a different perspective from income or wealth on farm households' well-being relative to that of all U.S. households.

Farm Incomes, Wealth and Agricultural Policy Filling the CAP's Core Information Gap, 4th Edition

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Publisher : CABI
ISBN 13 : 9781845938482
Total Pages : 315 pages
Book Rating : 4.9/5 (384 download)

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Book Synopsis Farm Incomes, Wealth and Agricultural Policy Filling the CAP's Core Information Gap, 4th Edition by : Berkeley Hill

Download or read book Farm Incomes, Wealth and Agricultural Policy Filling the CAP's Core Information Gap, 4th Edition written by Berkeley Hill and published by CABI. This book was released on 2012-01-01 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Common Agricultural Policy (CAP) has been supporting the incomes of the European Union's agricultural community for half a century. Despite this, there is still no official system in place to track the economic wellbeing of farmers and their families. This book examines the evidence on the overall wealth of farming households, and concludes that in nearly all member states, they are not generally a poor sector of society, with disposable incomes that are similar to, or exceed, the national average.

Agricultural Economic Report

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ISBN 13 :
Total Pages : 86 pages
Book Rating : 4.3/5 (243 download)

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Book Synopsis Agricultural Economic Report by :

Download or read book Agricultural Economic Report written by and published by . This book was released on 2002 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Farm Incomes, Wealth and Agricultural Policy

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Publisher : Routledge
ISBN 13 : 1000160467
Total Pages : 330 pages
Book Rating : 4.0/5 (1 download)

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Book Synopsis Farm Incomes, Wealth and Agricultural Policy by : Berkeley Hill

Download or read book Farm Incomes, Wealth and Agricultural Policy written by Berkeley Hill and published by Routledge. This book was released on 2020-07-26 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2000: The central aim of the Common Agricultural Policy is to support the incomes of farmers, yet reliable information on the overall incomes of farmers and their households is scarce. In general, farmers in the EU are not a low-income or poor sector of society and much of the present CAP income support goes to those that are relatively well-off. This book, the 3rd edition to address these issues, has been updated and expanded to include: updated coverage of statistics and references; the major changes in methodology of income measurement flowing from the 1995 revision of the European System of Accounts; a critical examination of wealth and balance sheets for the agricultural industry as currently calculated; incorporation of material from Japan and countries in Central and Eastern Europe that are candidates for EU membership.

Rural Wealth Creation

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Publisher : Routledge
ISBN 13 : 1135121893
Total Pages : 328 pages
Book Rating : 4.1/5 (351 download)

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Book Synopsis Rural Wealth Creation by : John L. Pender

Download or read book Rural Wealth Creation written by John L. Pender and published by Routledge. This book was released on 2014-06-05 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates the role of wealth in achieving sustainable rural economic development. The authors define wealth as all assets net of liabilities that can contribute to well-being, and they provide examples of many forms of capital – physical, financial, human, natural, social, and others. They propose a conceptual framework for rural wealth creation that considers how multiple forms of wealth provide opportunities for rural development, and how development strategies affect the dynamics of wealth. They also provide a new accounting framework for measuring wealth stocks and flows. These conceptual frameworks are employed in case study chapters on measuring rural wealth and on rural wealth creation strategies. Rural Wealth Creation makes numerous contributions to research on sustainable rural development. Important distinctions are drawn to help guide wealth measurement, such as the difference between the wealth located within a region and the wealth owned by residents of a region, and privately owned versus publicly owned wealth. Case study chapters illustrate these distinctions and demonstrate how different forms of wealth can be measured. Several key hypotheses are proposed about the process of rural wealth creation, and these are investigated by case study chapters assessing common rural development strategies, such as promoting rural energy industries and amenity-based development. Based on these case studies, a typology of rural wealth creation strategies is proposed and an approach to mapping the potential of such strategies in different contexts is demonstrated. This book will be relevant to students, researchers, and policy makers looking at rural community development, sustainable economic development, and wealth measurement.

Agricultural Income and Finance Outlook

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Publisher : DIANE Publishing
ISBN 13 : 1428906819
Total Pages : 47 pages
Book Rating : 4.4/5 (289 download)

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Book Synopsis Agricultural Income and Finance Outlook by :

Download or read book Agricultural Income and Finance Outlook written by and published by DIANE Publishing. This book was released on with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economic Well-being of Farm Operator Households, 1988-90

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Publisher :
ISBN 13 :
Total Pages : 192 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis The Economic Well-being of Farm Operator Households, 1988-90 by : Mary Ahearn

Download or read book The Economic Well-being of Farm Operator Households, 1988-90 written by Mary Ahearn and published by . This book was released on 1993 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Comparison of the Economic Well-Being of Farm and Nonfarm Households

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis A Comparison of the Economic Well-Being of Farm and Nonfarm Households by : Ani Katchova

Download or read book A Comparison of the Economic Well-Being of Farm and Nonfarm Households written by Ani Katchova and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study compares the economic well-being of farm and nonfarm households using data from the Agricultural Resource Management Survey and the Survey of Consumer Finances. Comparisons are made in terms of income and wealth using parametric and nonparametric tests, regression analyses, and inequality measures. The results show that the economic well-being of households differs based on their degree of involvement in business activities and their life-cycle stages. The main conclusion is that the income of rural residence and intermediate farms is comparable to that of wage-earning nonfarm households, while commercial farms are similar in well-being to nonfarm households with businesses.

Financial Well-being of Farm Operators and Their Households

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Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Financial Well-being of Farm Operators and Their Households by : Mary Ahearn

Download or read book Financial Well-being of Farm Operators and Their Households written by Mary Ahearn and published by . This book was released on 1986 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Farm Household Income

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Publisher : Org. for Economic Cooperation & Development
ISBN 13 :
Total Pages : 96 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Farm Household Income by : Organisation for Economic Co-operation and Development

Download or read book Farm Household Income written by Organisation for Economic Co-operation and Development and published by Org. for Economic Cooperation & Development. This book was released on 2003-03-06 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: High levels of support to the agricultural sector in OECD countries have raised average incomes, although there are still wide disparities by farm size, type and region and a higher incidence of low income among farm households. However, the great bulk of this support is still delivered through mechanisms that distort production and trade and are inefficient in generating increased net income for farmers. This report reviews the farm household income levels, discusses the influence of agricultural, tax and social security policies on them, and examines the effectiveness of commonly used policy interventions. It concludes that budgetary payments which are separated from agricultural activity and targeted to farm households that need them would transfer income much more efficiently.

Economic Well-being of Farm Households

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ISBN 13 :
Total Pages : 6 pages
Book Rating : 4.:/5 (8 download)

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Book Synopsis Economic Well-being of Farm Households by : Carol A. Jones

Download or read book Economic Well-being of Farm Households written by Carol A. Jones and published by . This book was released on 2006 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt:

U. S. Farm Income

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Publisher : Createspace Independent Pub
ISBN 13 : 9781480174030
Total Pages : 30 pages
Book Rating : 4.1/5 (74 download)

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Book Synopsis U. S. Farm Income by : Randy Schnepf

Download or read book U. S. Farm Income written by Randy Schnepf and published by Createspace Independent Pub. This book was released on 2012-10-23 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to USDA's Economic Research Service (ERS), national net farm income—a key indicator of U.S. farm well-being—is forecast at a record $122.2 billion in 2012, up 3.7% from last year's record. Record gross revenues from crop sales (forecast at $222.1 billion), coupled with record revenues (forecast at $34.1 billion) from farm-related income—a category that includes crop insurance indemnity payments as well as income from custom work, machine hire, etc.—pushed total gross cash income to a record $433.6 billion (up 5.5%). This more than offset flat revenues from livestock markets ($165.8 billion), and a 6.6% increase in input costs (forecast at $294.2 billion) to account for the record forecast for overall net returns. When measured in cash terms, net cash income in 2012 is also projected record large at $139.3 billion, up 3.4% from last year's record. However, when adjusted for inflation, current farm income forecasts remain well below the peak period of the early 1970s. In addition to record farm income, farm wealth is also at record levels. Farm asset values—which reflect farm investors' and lenders' expectations about long-term profitability of farm-sector investments—are expected to rise nearly 7% in 2012 to a record $2,551 billion for a fifth consecutive year of gains. Farm land cash markets have continued to see gains related to strong crop prices in 2012. Since 2008, farm asset values are up 26% while farm debt has risen by only 8%. As a result, the farm debt-to-asset ratio has declined steadily since 2008 and is expected to fall to the lowest level on record in 2012 at 10.2%. The 2012 outlook for a second year of strong farm income occurs in spite of slow growth in the domestic economy and the most severe and extensive drought in at least 25 years. The ongoing drought is expected to destroy or damage a significant portion of the U.S. corn and soybean crops, with deleterious impacts on all U.S. livestock sectors—cattle, hogs, poultry, and dairy—and with the potential to affect food prices at the retail level. Yet, drought-induced large increases in the value of this year's crops, plus substantial crop insurance indemnity payments, are expected to more than offset rising production expenditures for both crop and livestock activities and generate record farm income. Government farm payments, at $11 billion (up 6%), are expected to remain relatively small in 2012 (second-lowest total since 1997) as high commodity prices shut off payments under the price-contingent marketing loan and counter-cyclical payment programs. These data suggest a strong financial position in 2012 for the agricultural sector as a whole relative to the rest of the U.S. economy, but with substantial regional variation. In general, the increase in expenses will affect livestock producers more harshly than crop producers. Cash grain farmers in the Corn Belt and Northern Plains are expected to experience a second year of record revenues despite the drought. In contrast, livestock and poultry feeders are experiencing record high feed costs that have narrowed or eliminated profit margins despite record high wholesale and retail prices for their end products. In addition, the severe nationwide drought has limited grazing opportunities and hay production for cattle ranchers in the affected regions and led to substantial herd liquidation. The lingering effects of the drought are expected to spill over into next year, when record-high market prices will likely motivate large feed grain and oilseed plantings. Eventual 2013 agricultural economic well-being will hinge greatly on spring crop planting and summer growing weather, as well as both domestic and international macroeconomic factors including economic growth and consumer demand.

Families with Farm Income

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Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Families with Farm Income by : John C. Crecink

Download or read book Families with Farm Income written by John C. Crecink and published by . This book was released on 1979 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

U. S. Farm Income Outlook For 2015

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Publisher : Createspace Independent Pub
ISBN 13 : 9781508602019
Total Pages : 34 pages
Book Rating : 4.6/5 (2 download)

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Book Synopsis U. S. Farm Income Outlook For 2015 by : Congressional Research Service

Download or read book U. S. Farm Income Outlook For 2015 written by Congressional Research Service and published by Createspace Independent Pub. This book was released on 2015-02-18 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to USDA's Economic Research Service (ERS), national net farm income—a key indicator of U.S. farm well-being—is forecast at $73.6 billion in 2015, down 32% from last year's level of $108.0 billion. The 2015 forecast would be the lowest since 2009. Net cash income is projected down 22.4% in 2015 to $89.4 billion. The forecast for lower net farm income and net cash income is primarily a result of the outlook for lower crop and livestock receipts—down a combined 6.3%. The fall in cash receipts comes despite record corn and soybean harvests in 2014, as commodity prices plunged in the last half of 2014 and are expected to remain at substantially lower levels compared with the period of 2012- 2014, when prices for many major program crops experienced record or near-record highs. Government payments are projected up by 15% to $12.4 billion, which partially offsets the $25.8 billion decline in crop and livestock receipts. The 2014 farm bill (Agricultural Act of 2014; P.L. 113-79) eliminated direct payments of nearly $5 billion per year and replaced them with a new suite of price and revenue support programs. In particular, the Price Loss Coverage (PLC) program replaced the previous Counter-Cyclical Price (CCP) program, but with a set of reference prices based on substantially higher support levels for most program crops. Agricultural Risk Coverage (ARC) relies on a five-year moving average price trigger in its payment calculation, but also adopts the PLC reference price as the minimum guarantee in years when market prices fall below it. The higher relative support levels of PLC and ARC are expected to trigger payments of $6.2 billion in 2015. U.S. farm income experienced a golden period during 2011 through 2014, driven largely by strong commodity prices and agricultural exports. In particular, U.S. agricultural exports have nearly tripled in value since 2000. However, agricultural exports are forecast lower in 2015, down 6% from last year's record $152.5 billion—due largely to a strengthening U.S. dollar coupled with a weakening economic outlook in several major foreign importing countries. Despite the outlook for lower farm income in 2015, farm wealth is projected to remain at record levels. Farm asset values—which reflect farm investors' and lenders' expectations about long-term profitability of farm sector investments—are projected up slightly (0.4%) in 2015 to $3,005 billion, reflecting a leveling off of the previous year's strong outlook for the general farm economy. The outlook for lower commodity prices in 2015 has slowed the previously rapid growth of farmland values. At the farm-household level, average farm household incomes have surged ahead of average U.S. household incomes since the late 1990s. In 2013 (the last year for which comparable data were available), the average farm household income of $118,373 was about 63% higher than the average U.S. household income of $72,641. The outlook for lower net farm income, coupled with record farm wealth, suggests a mixed financial picture heading into 2015 for the agricultural sector as a whole, with substantial regional variation. Declining prices for most major program crops signal tougher times ahead, and considerable uncertainty surrounds producer participation in the new safety net programs of the 2014 farm bill. Eventual 2015 agricultural economic well-being will hinge greatly on the crop choices made this spring, growing conditions during the spring and summer, and harvest-time prices, as well as both domestic and international macroeconomic factors, including economic growth and consumer demand.

Agricultural Household Models

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Publisher :
ISBN 13 :
Total Pages : 360 pages
Book Rating : 4.:/5 (42 download)

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Book Synopsis Agricultural Household Models by : Inderjit Singh

Download or read book Agricultural Household Models written by Inderjit Singh and published by . This book was released on 1986 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the basic model of an agricultural household that underlies most of the case studies undertaken so far. The model assumes that households are price-takers and is therefore recursive. The decisions modeled include those affecting production and the demand for inputs and those affecting consumption and the supply of labor. Comparative results on selected elasticities are presented for a number of economies. The empirical significance of the approach is demonstrated in a comparison of models that treat production and consumption decisions separately and those in which the decisionmaking process is recursive. The book summarizes the implications of agricultural pricing policy for the welfare of farm households, marketed surplus, the demand for nonagricultural goods and services, the rural labor market, budget revenues, and foreign exchange earnings. In addition, it is shown that the basic model can be extended in order to explore the effects of government policy on crop composition, nutritional status, health, saving, and investment and to provide a more comprehensive analysis of the effects on budget revenues and foreign exchange earnings. Methodological topics, primarily the data requirements of the basic model and its extensions, along with aggregation, market interaction, uncertainty, and market imperfections are discussed. The most important methodological issues - the question of the recursive property of these models - is also discussed.