Take a look at it.
Big operations run the dairy and specialty markets.
Big family farms dominate in corn and soybeans.
Big and mid-size farms own the cotton industry.
- Eighty-nine percent of farms are small, and these farms accounted for 52 percent of the land operated by farms in 2017.
- Large-scale family farms accounted for the largest share of production, at 39 percent.
- Family farms of various types together accounted for 98 percent of farms and 87 percent of production in 2017.
- Nonfamily farms accounted for the remaining farms (2 percent) and production (13 percent).
The little farmer can muster the votes but the big boys have the money and get the buyers calls.
Re: US Farms
Jim - Interesting and here might be another stat to consider - - -
2017 - 126.22 Households in Millions
2017 - 2.54 person's / Household 2010 - 2.59 , 2000 - 2.62
2017 - 10% according to Spectrem Group - June 2017 are worth a 1- $Million or more
2018 - avg salary $59,055.oo up from $58,829.oo 2017
2018 - Avg Household Debt $137,063. oo
2018 - August - Household debt $13.29 Trillion up $454 Billion from 2017
2018 - 12 Billion divided 126.22 Million household = 95.07
2018 - 12 Billion divided 327 .16 Million - population = 36.67
Subject to (- degree F) math check NOT FOR INVESTMENT PURPOSEFUL -