Farm operators in the United States operated nearly 1 billion acres of land in 1986. The average farm size was 652 acres. Sixty percent of farms reported debt, with an average of $107,000 per farm at the end of 1986. Farm operators had assets valued at $300,000 per reporting farm, with farm real...

The average U.S. farm at the end of 1985 operated 709 acres for the year had total production expenses of about $74,000, assets of $325,000, capital investments of $10,000, gross cash farm income of $82,000, and debts equal to 22.5 percent of total assets. These data come from the 1985 Farm...