Economic Information Bulletin No. (EIB-231) 32 pp
America's Diverse Family Farms: 2021 Edition
This report provides the latest statistics on U.S. farms, including production, financial performance, pandemic assistance, and farm household characteristics by farm size. New sections of this edition explore changes in direct sales, pandemic-related off-farm job loss and furloughs, farm operating expenses, and the distribution of USDA and non-USDA pandemic assistance received in 2020.
See related webinar: Webinar - Thursday, December 9, 2021 at 4:00 PM ET
Errata: On January 10, 2022, the Federal crop insurance figure on page 27 was revised to correct “All family farms” to “Nonfamily farms.” No other figures were impacted.
Keywords: Farm typology, agricultural production, family farms, value of production, operating profit margin (OPM), farm financial performance, Agricultural Resource Management Survey (ARMS), commodity specialization, operating expenses, direct sales, farm household income, COVID-19, government payments, pandemic assistance, Federal crop insurance, unemployment
In this publication...