Last I read about it, 98.5% of farms are family owned. 1.5% are corporate owned and operated by employees.
Just because a farm is LLC doesn't mean it's not family operated. Most farms have complicated legal structure to accommodate splits and inheritance sharing, and form a tax shelter structure (ie the farm doesn't pay income tax unless it's taken out as pay).
West to west central, but I've got family in the valley that does 10k+, and my great great great grandfather did 40-50k in from 1880-1925(about, records are poor).
Disingenuous to call yours the real number. One figure represents the mean and the other the median. They are both real numbers, fairly close, and both show 1000 isn't anywhere near the small end.
Also need to look at the data in which they come up with that figure. And what they are considering a "farm". Bunch of 10-100 acre "farms" is really going to pull down that average.
1000 acres is not a small farm. I grew up in Oak Harbor Ohio which is very rural, 1000 acres would be the largest farm in the area by a long shot.
Most farming is large scale industrial agri-business. So 1000 acres is probably small. The independent farmers are few and far between.
Last I read about it, 98.5% of farms are family owned. 1.5% are corporate owned and operated by employees.
Just because a farm is LLC doesn't mean it's not family operated. Most farms have complicated legal structure to accommodate splits and inheritance sharing, and form a tax shelter structure (ie the farm doesn't pay income tax unless it's taken out as pay).
I’m in North Dakota....that’s a small farm around here. I farm 3000 acres and feel like one of the smaller operations around here.
do you know which EO this is talking about and why its cutting prices on food?
We do 4k in the same state and we are the smallest compared to the neighbors who are doing 8k, 10k, and 30k
West side?
Edit: could probably do more acres better if your user name didn’t include “gleaner”
West to west central, but I've got family in the valley that does 10k+, and my great great great grandfather did 40-50k in from 1880-1925(about, records are poor).
The edge of oil country.
I farm 1,000 acres in western MN and I can confirm 1,000 acres is small.
In 2018 the average farm was ~435 acres.
640 acres is a square mile. 1000 acres is relatively small in places where most farming goes down, ND, SD, IA, KS, NE, etc
640
You right. I fixed it. I was thinking half a section in my head and accidentally put 620.
1000 is small in AR
Disingenuous to call yours the real number. One figure represents the mean and the other the median. They are both real numbers, fairly close, and both show 1000 isn't anywhere near the small end.
Also need to look at the data in which they come up with that figure. And what they are considering a "farm". Bunch of 10-100 acre "farms" is really going to pull down that average.
Seems like that guy is a grain farmer. They have tons of acreage per farm and probably rent half of it from someone else.