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Farm Size, Specialization Are Among Factors Influencing Financial Performance of African-American Farms in the United States.
- Source :
- Amber Waves: The Economics of Food, Farming, Natural Resources, & Rural America; Feb2024, p1-7, 7p
- Publication Year :
- 2024
-
Abstract
- The article discusses the financial performance of African-American farms in the United States compared to farms operated by individuals of other races. It highlights that African-American farms generally had lower total value of production, net cash farm income, and government payments. The article also mentions that African-American farmers have historically had limited access to government support programs due to the small size of their farms. The COVID-19 pandemic has brought renewed attention to the economic challenges faced by minority farmers, leading to the creation of an equity commission and increased funding for outreach and assistance programs. The article concludes by discussing the differences in farm size, profitability, and commodity choice that contribute to the financial disparities between African-American farms and other farms. [Extracted from the article]
Details
- Language :
- English
- ISSN :
- 15458741
- Database :
- Complementary Index
- Journal :
- Amber Waves: The Economics of Food, Farming, Natural Resources, & Rural America
- Publication Type :
- Periodical
- Accession number :
- 175884542