Economic Information Bulletin No. (EIB-133) 12 pp

December 2014

America's Diverse Family Farms: 2014 Edition

Farming is still an industry of family businesses. Ninety-seven percent of farms are family farms, and they account for 85 percent of farm production. Small farms make up 90 percent of the farm count and operate half of the Nation's farmland. Most farm production, however, occurs on midsize and large-scale family farms.

Keywords: Family farms, farm businesses, farm financial performance, farm-operator household income and wealth, farm operators, farm structure, farm typology, Federal crop insurance, Government payments, limited-resource farms, small farms, tenure

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Last updated: Monday, December 22, 2014

For more information, contact: Robert A. Hoppe and James M. MacDonald