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February 4, 2021

Family-owned farms account for 96% of U.S. farms

Family farms comprise 96% of all U.S. farms, account for 87% of land in farms, and 82% of the value of all agricultural products sold, according to the 2017 Census of Agriculture Farm Typology report released today by the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS).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 (GCFI). GCFI includes the producer’s sales of crops and livestock, fees for delivering commodities under production contracts, government payments, and farm-related income. Read more