by Robert Hoppe and James MacDonald
Economic Information Bulletin No. (EIB-133) 12 pp, December 2014
Farming is still an industry of family businesses. Ninety-seven percent of farms are family farms, and they account for 85 percent of farm production. Small farms make up 90 percent of the farm count and operate half of the Nation’s farmland. Most farm production, however, occurs on midsize and large-scale family farms.