Distribution of farms, value of production, and farm assets, 2018

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 12.4.
Item 2, Value of production 1.2.
Item 3, Farm assets 6.6.
Group 2, Off-farm occupation.
Item 1, Farms 40.5.
Item 2, Value of production 4.4.
Item 3, Farm assets 19.8.
Group 3, Farming occupation: Low-sales.
Item 1, Farms 31.7.
Item 2, Value of production 5.8.
Item 3, Farm assets 20.1.
Group 4, Farming occupation: Moderate-sales.
Item 1, Farms 5.1.
Item 2, Value of production 9.7.
Item 3, Farm assets 9.8.
Group 5, Midsize family farms.
Item 1, Farms 5.5.
Item 2, Value of production 20.6.
Item 3, Farm assets 16.4.
Group 6, Large.
Item 1, Farms 2.5.
Item 2, Value of production 26.3.
Item 3, Farm assets 14.6.
Group 7, Very large.
Item 1, Farms 0.3.
Item 2, Value of production 19.6.
Item 3, Farm assets 4.5.
Group 8, Nonfamily.
Item 1, Farms 2.1.
Item 2, Value of production 12.4.
Item 3, Farm assets 8.3.

Note: Details may not add up to 100 percent due to rounding. Small family farms have annual gross cash farm income (GCFI) less than $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, 2018 Agricultural Resource Management Survey (data as of December 2019).