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Here is a problem...ppl think farmers are the richest of the rich (it's always elitist city folk who think this)
My friend's crop insurance increased from $5000 to $9000 this year.
Won't be paying for help with harvest next year...
Family farms regularly have gross incomes in excess of $250,000.
According to Barry Obutthead, they're all rich.
ppl think farmers are the richest of the rich
I love how ali flounced in here all outraged and then flounced out like everything was all cool and she was going riding.
Flake-o-rama.
Here is a problem...ppl think farmers are the richest of the rich (it's always elitist city folk who think this)
My friend's crop insurance increased from $5000 to $9000 this year.
Won't be paying for help with harvest next year...
In 2009, average family farm household income is forecast to be $75,895, down 5.2 percent from 2008, and 8.0 percent below the five-year average for 2004-08.
2009 Farm Income Forecast
I know a lot of wealthy farmers.
I know the difference, bub....That's why I specified GROSS incomes.Family farms regularly have gross incomes in excess of $250,000.
According to Barry Obutthead, they're all rich.
Are you sure you understand the difference between gross income and revenue?
ERS/USDA Briefing Room - Farm Household Economics and Well-Being: Farm Household Income
ERS/USDA Briefing Room - Farm Household Economics and Well-Being: Farm Household Income 15 States
Because your numbers seem just a *little* bit off.
I know the difference, bub....That's why I specified GROSS incomes.Family farms regularly have gross incomes in excess of $250,000.
According to Barry Obutthead, they're all rich.
Are you sure you understand the difference between gross income and revenue?
ERS/USDA Briefing Room - Farm Household Economics and Well-Being: Farm Household Income
ERS/USDA Briefing Room - Farm Household Economics and Well-Being: Farm Household Income 15 States
Because your numbers seem just a *little* bit off.
Sheesh.
That "median" is the kicker. Most people have no clue how many of these small family farmers and their families live. If they make $50k a year they are most likely also running trucks and doing specialty work, combining, mowing or planting for a corporate farm, and most we know have at least one parent who works a full time job on top of working full time at the farms. Most farms now collect a tremendous amount of subsidies in order to survive. The money makers are the chemical companies, the seed companies, the marketers and the equipment companies.I know the difference, bub....That's why I specified GROSS incomes.Are you sure you understand the difference between gross income and revenue?
ERS/USDA Briefing Room - Farm Household Economics and Well-Being: Farm Household Income
ERS/USDA Briefing Room - Farm Household Economics and Well-Being: Farm Household Income 15 States
Because your numbers seem just a *little* bit off.
Sheesh.
Who are you "sheesh"ing exactly? You realize those figures I just pointed you at ARE gross incomes right? Can you even read the charts? Do you not realize they demonstrate your statement was just a little bit off?
The median gross income of a family farm in the US is barely over $50k for cripes sake.