Structure and Finances of U.S. Farms: Family Farm Report, 2014 Edition
- by Robert A. Hoppe
- 12/22/2014
Overview
Most U.S. farms-97 percent in 2011-are family operations, and even the largest farms are predominantly family-run. Midsize and large-scale family farms account for 8 percent of U.S. farms but 60 percent of the value of production. In contrast, small family farms make up 90 percent of the U.S. farm count but produce a 26-percent share of farm output.
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