Distribution of farms with contracts and value of production under contract, by farm type, 2016

Percent of U.S. farms with contracts, or percent of U.S. value of production under contract
U.S. farms with contracts*
U.S. value of production under contract**
Nonfamily farms 2.7%

Pie chart with 4 items.

Item 1, Small family farms (GFCI less than $350,000) 55.7% 55.7.
Item 2, Midsize family farms (GCFI $350,000 to $999,999) 26.2% 26.2.
Item 3, Large-scale family farms (GFCI $1,000,000+) 15.4% 15.4.
Item 4, Nonfamily farms 2.7% 2.7.

Pie chart with 4 items.

Item 1, Small family farms (GFCI less than $350,000) 24.0% 24.
Item 2, Midsize family farms (GCFI $350,000 to $999,999) 22.3% 22.3.
Item 3, Large-scale family farms (GFCI $1,000,000+) 43.4% 43.4.
Item 4, Nonfamily farms 10.2% 10.2.

*Farms reporting production under production contracts, marketing contracts, or both. **Includes commodities under production or marketing contracts. Note: Small family farms have annual gross cash farm income (GCFI) < $350,000, measured before deducting expenses. 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).