Study: marjority of farms remain family-owned

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.