Midsize farms are more common in the northern Great Plains and Heartland regions
Midsize farms, those with gross cash farm income (GCFI) between $350,000 and $1 million, represent an important link in the chain of family farms. Many U.S. midsize farms start out as successful small commercial farms, and as many as 15 percent of today’s midsize farms will become tomorrow’s large farms. In 2012, the U.S. had 125,441 midsize farms—the majority of which (over 70,000 farms) specialized in cash grains and oilseed crops. Another 15,000 midsize farms specialized in beef cattle. Midsize farms were found in greater proportions and numbers in the northern Great Plains (North Dakota, South Dakota, and Nebraska) and the Heartland (Iowa, Illinois, and Indiana) because these regions are best suited to growing cash grains and oilseed crops. In 2014, midsize farms in these two regions contributed nearly half of the total value of production on midsize farms. That same year, midsize farms accounted for about 6 percent of U.S. farms and 21 percent of the total value of production. This chart appears in the ERS report The Changing Organization and Well-Being of Midsize U.S. Farms, 1992-2014, released October 31, 2016.