Most farms are small, but the majority of production is on larger farms

Farms and their value of production by farm type, 2021

Gross cash farm income (GCFI) includes income from commodity cash receipts, farm-related income, and Government payments. Family farms (where most of the business is owned by the operator and individuals related to the operator) of various types together accounted for nearly 98 percent of U.S. farms in 2021. Small family farms (less than $350,000 in GCFI) accounted for 89 percent of all U.S. farms. Large-scale family farms ($1 million or more in GCFI) accounted for about 3 percent of farms but 47 percent of the value of production.

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