16 Dec Report Profiles Nation’s Family Farms
USDA Economic Research Service has released America?s Diverse Family Farms: 2018 Edition. The 28-page PDF report is available online, and shows that in 2017% of U.S. farms were family farms, and they accounted for 87% of farm production. The report provides an overview of U.S. farms, including the latest statistics on production, financial performance, and farm household characteristics by farm size categories. It categorizes farms by size, and it reveals that most U.S. farms are small; small farms operate over half of U.S. farmland but account for 26% of production. Small farms produce particularly large shares of poultry and hay.