U.S. farming, according to a just-released study, remains predominantly family-owned.
According to “America’s Diverse Family Farms: 2019 edition,” a report from the USDA’s Economic Research Service that was released Wednesday, family farms as a group represent 98% of U.S. farms and 88% of production in 2018.
Approximately 90% of U.S. farms are considered small farms. In 2018, these farms, bringing in less than $350,000 in gross revenue, accounted for 48% of farm acres. Although the majority of farmers reside on small farms and have a large amount of land, their production holds at 21.
Source: News – Butler County Times GazetteRead the full story ↗
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