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Debt Use By U.S Farm Businesses, 1992-2011
Contributor(s): United States Department of Agriculture (Author)
ISBN: 1505433592     ISBN-13: 9781505433593
Publisher: Createspace Independent Publishing Platform
OUR PRICE:   $16.10  
Product Type: Paperback - Other Formats
Published: December 2014
Qty:
Additional Information
BISAC Categories:
- Business & Economics | Industries - Agribusiness
Physical Information: 0.06" H x 8.5" W x 11" (0.18 lbs) 24 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
This report is a primer on the use of debt by U.S. farm businesses for policymakers, researchers, and others interested in the financial well-being of U.S. agriculture. It pres-ents data on basic debt-use patterns by farm businesses (in 2011, over 900,000 farms oper-ated as farm businesses based on their size, organizational structure, or the occupation of their principal operator) and explores key trends over 20 years. U.S. farm debt use varies widely by farm size, specialization, operator age, and other farm characteristics. Large-scale farm businesses, farm businesses with younger operators, and dairy and poultry farm businesses all have higher levels of debt use. Both average debt-to-asset ratios and the share of farm businesses with high debt-to-asset ratios have declined over time.