Randy Partch

Yesterday we looked at the demographics of producers in the USDA Ag Census... Today it's production & sales. The largest farms are fewer than 1% of the farms, but accounted for 42% of all ($543.1 billion) sales. The smallest farms are 74% of the farms, but accounted for only 2% of all sales. → 1% of farms had > $5 million in sales (42% of total) → 5% of farms had $1M to $5M in sales (36% of total) → 8% of farms had $250K to $1M in sales (15% of total) → 12% of farms had $50K to $250K in sales (5% of total) → 74% of farms had < $50K in sales (2% of total) The report also breaks down top commodities by sales $: #1 Cattle & calves.......$89.4B #2 Corn..........................$88.5B #3 Poultry & eggs........$76.5B #4 Soybeans................$55.4B #5 Milk...........................$52.8B Finally, of all commodity sales: - Crops made up 52% ($281 billion) - Livestock made up 48% ($262 billion)