Most farms are small, but the majority of production value is from large farms

Farms and their value of production by farm type, 2022

Gross cash farm income (GCFI) includes income from commodity cash receipts, farm-related income, and Federal Government payments. Family farms (where the majority of the business is owned by the operator and individuals related to the operator) of various types together accounted for 97 percent of U.S. farms in 2022. Small family farms (less than $350,000 in GCFI) accounted for 88 percent of all U.S. farms. Large-scale family farms ($1 million or more in GCFI) accounted for about 3 percent of farms and nearly 52 percent of the value of production.


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