America's Diverse Family Farms: 2020 Edition

This report provides the latest statistics on U.S. farms, including production, financial performance, and farm household characteristics by farm size. Among the findings, 98 percent of U.S. farms are family farms and they accounted for 86 percent of farm production in 2019. Most (90 percent) farms are small (gross cash farm income less than $350,000) and account for 22 percent of production.