Date of this Version
Cornhusker Economics, June 17, 1998, agecon.unl.edu/cornhuskereconomics
I’ve observed that many families are running harder and faster to make ends meet on the farm. Farms that produced living expenses for a family ten years ago are no longer doing so. Many families who found it necessary to supplement farm earnings with an off-farm job in the 1980's have kept that job, and are now struggling again financially. Other families have expanded their farming operations to increase their sales volume, but seem to be reaching their limits of physical and mental energy, and are also struggling.