USDA Report Summarizes Characteristics of U.S. Farms and Ranches

USDA Economic Research Service (ERS) released its annual report, America’s Farms and Ranches at a Glance: 2023 Edition. This publication describes characteristics of U.S. farms and ranches, compiled using the most recent data from the Agricultural Resource Management Survey, an annual survey conducted by USDA, National Agricultural Statistics Service (NASS) and ERS. Statistics are presented using a farm classification developed by USDA, ERS to categorize farms into groups with some common characteristics. The classifications used are mainly based on each farm’s annual revenue, the main occupation of the farm’s principal operator, and ownership (family versus nonfamily). Additionally, the report explores the differences in farm operations in 2022 by race and ethnicity of the operators. The full report is available online.