Tuesday 7th May 2024

A new report by the USDA says 96 percent of farms in the 2017 Census of Agriculture are family-owned.

Of the two million farms participating in the census, USDA says small family farms, or those grossing less than $350,000 per year, make up nearly 90 percent of all farms, represent slightly less than half of the total land in farms, and make up nearly 20 percent of all ag products sold.

Large-scale family farms, grossing more than $1 million make up less than three percent of all farms, but produce more than 40 percent of the value of ag products.

    

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