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An Overview of Beginning Farms and Farmers

Nigel Key, Greg Lyons

Richmond Fed Economic Brief（2019）

Cited 23|Views1
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Abstract
Beginning farms (those on which all operators have no more than 10 years of farming experience) operate at a smaller scale, earn less farm income, and have more debt relative to their assets than more established farms. Beginning farm households work more off-farm and have less wealth than established farm households.
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