What Percent Of Farms Are Family Owned
Hey there, farm fan! You know what's buzzing around like a busy bee in the agricultural world? The question of who's running the show on our farms. So, let's dive in, shall we?
Family Matters
When we're talking about family-owned farms, we're not just whistling Dixie. According to the USDA, around 97% of all farms in the good ol' U.S. of A. are family-owned. That's right, folks! It's like a giant, green family reunion out there.
Now, you might be wondering, "What's the deal with the other 3%?" Well, those are your corporate farms, big agribusinesses, and cooperatives. But even then, a significant chunk of those are still owned by families, just on a larger scale.
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Size Matters (Sort Of)
You might think that family-owned farms are all tiny little plots, but you'd be surprised! While it's true that most family farms are smaller, they're not all just a couple of acres with a chicken coop and a vegetable patch. In fact, half of all farm production comes from just 10% of farms. Talk about punching above your weight!
And get this, family farms