97% of U.S. Farms are Family Farms

Small family farms—those with GCFI less than $350,000—make up 86 percent of all U.S. farms and hold 55 percent of farm assets and most production —69 percent— occurs on the 11 percent of family farms classified as midsize or large-scale. Among small family farm types, moderate-sales farms (GCFI of $150,000 to $349,999) account for the highest share […]