Distribution of farms, value of production, and farm assets, 2016

Percent of U.S. farms, value of production, or assets

Bar chart with 8 groups with 3 items per group.

Group 1, Retirement.
Item 1, Farms 17.9.
Item 2, Value of production 1.6.
Item 3, Farm assets 10.8.
Group 2, Off-farm occupation.
Item 1, Farms 41.9.
Item 2, Value of production 5.
Item 3, Farm assets 19.9.
Group 3, Farming occupation: Low-sales.
Item 1, Farms 24.7.
Item 2, Value of production 6.
Item 3, Farm assets 17.9.
Group 4, Farming occupation: Moderate-sales.
Item 1, Farms 5.4.
Item 2, Value of production 9.9.
Item 3, Farm assets 9.8.
Group 5, Midsize family farms.
Item 1, Farms 6.
Item 2, Value of production 22.7.
Item 3, Farm assets 16.8.
Group 6, Large.
Item 1, Farms 2.6.
Item 2, Value of production 26.8.
Item 3, Farm assets 14.5.
Group 7, Very large.
Item 1, Farms 0.3.
Item 2, Value of production 18.4.
Item 3, Farm assets 6.2.
Group 8, Nonfamily.
Item 1, Farms 1.2.
Item 2, Value of production 9.6.
Item 3, Farm assets 4.2.

Note: Small family farms have annual gross cash farm income (GCFI) < $350,000, measured before deducting expenses. Midsize family farms have GCFI of $350,000-$999,999. Large-scale family farms have GCFI of $1,000,000 or more. Source: USDA, Economic Research Service and National Agricultural Statistics Service, 2016 Agricultural Resource Management Survey (data as of December 14, 2017).