America's Diverse Family Farms, 2016 Edition

Economic Information Bulletin No. (EIB-164) 16 pp, December 2016

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by Robert Hoppe and James M. MacDonald

Family farms comprise 99 percent of U.S. farms, accounting for 89 percent of production. Small farms make up 90 percent of farms, operating nearly half of farmland. Still, large family farms accounted for 42 percent of production in 2015.

Keywords: family farms, small farms, retirement farms, farm household income, crop insurance, government payments

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