Monday, April 15, 2024

Ag Census: Family-owned farms account for 96 percent of U.S. farms

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WASHINGTON — Family farms comprise 96 percent of all U.S. farms, account for 87 percent of land in farms, and 82 percent of the value of all agricultural products sold, according to the recently released Census of Agriculture Farm Typology report by USDA’s National Agricultural Statistics Service.

The farm typology report primarily focuses on the “family farm,” defined as any farm where the majority of the business is owned by the producer and individuals related to the producer. The report classifies all farms into unique categories based on two criteria: who owns the operation and gross cash farm income. . .

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