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Abstract

Large farms are controlling a significantly larger share of farm sales and land. Large farms have acquired more resources and captured the higher sales primarily because they quickly responded to price changes by altering the mix of land use and by using land rental arrangements instead of buying or selling property. This report examines changes in the distribution of land, sales, and tenure among farms. Changes are put into a consistent perspective by adjusting farm sales classes to correct for the substantial inflation during 1969-82.

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