New U.S. Farm Household Typology Shaping Future Agricultural Policy Landscape
The research developed a new way to group different types of U.S. farm households based on their economic situations. By analyzing data from a survey, the researchers identified six distinct groups of farm households. They compared this new classification to the existing one and looked at how government payments were distributed among these groups. The study found that most farms receive income from sources other than farming, which is important to consider when making decisions about how resources are used on farms.