Examining Farm Financial Management: How Do Small US Farms Meet Their Agricultural Expenses?

Small farms in the US have significant challenges financial management. This study examines how small farmers undertake farm management to meet their agricultural and farm-related spending expenses. Using primary survey data from Tennessee, investigates factors influencing extent of use five financing sources expenses: cash/fund directly generated sale products, farmer’s past savings, household’s off-farm income, income/incentives government payments, external loans. negative binomial regression estimation generalized linear models, findings suggest that decision on is significantly influenced general by age, education, income land acreage holdings, work, risk related farmer or household. However, associated effects are different depending source.