Agricultural Economics Department


Date of this Version

July 2001


Published in Cornhusker Economics. July 25, 2001. Produced by the Cooperative Extension, Institute of Agriculture and Natural Resources, Department of Agricultural Economics, University of Nebraska - Lincoln.


The Economic Research Service (ERS) of USDA recently issued a report about the structure and financial characteristics of U.S. farms. The report used several data sources to compare and contrast U.S. farms. A primary source of data was the 1998 Agricultural Resource Management Study (ARMS). The ARMS collect financial data from a sample of U.S. farms. These surveys are jointly designed and conducted each year by ERS and the National Agricultural Statistics Service (NASS).