cancel
Showing results for 
Search instead for 
Did you mean: 
Veteran Advisor

US Farms

https://farmpolicynews.illinois.edu/2019/01/an-overview-of-u-s-farms-from-usdas-economic-research-se...

 

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.

0 Kudos
1 Reply
Veteran Advisor

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 Smiley LOL NOT  FOR  INVESTMENT  PURPOSEFUL -  

 

0 Kudos