Distribution of farms with contracts and value of production under contract, by farm typology, 2012

Percent of U.S. farms with contracts, or percent of U.S. value of production under contract


U.S. farms with contracts*

Item 1, Small family farms (GFCI less than $350,000) 58.7% 58.6.
Item 2, Midsize family farms (GCFI $350,000 to $999,999) 23.1% 23.1.
Item 3, Large-scale family farms (GFCI $1,000,000+) 14.6% 14.6.
Item 4, Nonfamily farms 3.6% 3.6.

U.S. value of production under contract**

Item 1, Small family farms (GFCI less than $350,000) 23.8% 23.8.
Item 2, Midsize family farms (GCFI $350,000 to $999,999) 19.8% 19.8.
Item 3, Large-scale family farms (GFCI $1,000,000+) 37.9% 37.9.
Item 4, Nonfamily farms 18.4% 18.4.

*Farms reporting production under production contracts, marketing contracts, or both. **Includes commodities under production or marketing contracts. Note: Small family farms have gross cash farm income (GCFI) < $350,000. Midsize family farms have GFCI of $350,000-$999,999. Large-scale family farms have GFCI of $1,000,000 or more. Source: USDA, Economic Research Service and National Agricultural Statistics Service, 2012 Agricultural Resource Management Survey.