Business / Agriculture / Corporate Farm: A form of farm ownership which is a separate legal entity from the owners of the farm. Changes in the tax law in the 1970s encouraged the incorporation of farms as corporate tax rates declined while individual tax rates rose, mainly because of inflation. The 1992 Census of Agriculture reports that less than 4%, or nearly 73,000, of the 1.925 million farms in the nation were corporate farms. By contrast, more than 1.653 million (86%) were individual or family-owned operations and 186,000 (10%) were partnerships.
Farm Noun Synonyms: cultivate, work the land, till the soil
Farm Interjectionection Synonyms: farmstead, farmhouse, grange, homestead, holding, land, farmland, acreage, arable, steading, smallholding, allotment, farm-toun, croft
Business / Agriculture / Farm: As defined for purposes of the Census of Agriculture since 1978, a farm is any place that has, or has the potential to produce, $1,000 or more in annual gross sales of farm products. According to the MORE
Business / Agriculture / Farmers Market Nutrition Program: Authorized through FY2003 under Section 17 of the Child Nutrition Act of 1966, this program provides funding for grants to selected states that develop programs promoting the use of farmers markets by MORE