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Agricultural Outlook Forum 2001

Speech Booklet 1, Thursday, February 22 (Classic Reprint)

United States Department Of Agriculture

Business & Economics / Auditing

Excerpt from Agricultural Outlook Forum 2001: Speech Booklet 1, Thursday, February 22

The typology is based on the occupation of operators and the gross sales class of the farms combined. It is constructed using annual national farm survey data collected by usda. As such, the dat provide a statistically reliable picture of American farming. The typology identifies five groups of small family farms (sales less than and two groups of larger family farms, plus a non-family farm group (hoppe, etal., Limited resource. Any small farm with gross sales less than total farm assets less than and total household operator income less than Limited resource farmers may report farming, a non-farm occupation, or retirement as their major occupation.
Retirement. Small farms whose operators report they are retired.

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