Ag Policy Blog
Chris Clayton DTN Ag Policy Editor

Monday 05/05/14

More Young Farmers Entering the Profession

From DTN's Washington Insider:

For years, there has been a public worry about the advancing age of U.S. farmers, with the prototypical agricultural producer seen by many as someone in his 60s or 70s.

Last Friday, USDA issued the results of its twice-a-decade Census of Agriculture that show that things may be turning around. According to the department's summary, more than 20% of U.S. farmers have operated their farms for fewer than 10 years and the number of young, beginning principal farm operators is up 11.3% since the last Census of Agriculture in 2007.

The disparity in farm size and income remains, however. There were 2,109,303 U.S. farms in 2012, of which 813,183 (38.6%) comprised 49 or fewer acres, but the average farm size was 434 acres. And 1,193,977 farms (56.6%) had annual gross (not net) sales of farm products of less than $10,000.

On the income side, there were 8,565 farms that had annual sales of agricultural products plus government payments of $5 million or more. Their total income was $125.6 billion, an average of $14.7 million. At the other end of the spectrum, there were 896,699 farms that had annual sales of agricultural products plus government payments of less than $5,000. Their total income was $1.3 billion, an average of $1,500.

The USDA data are always much anticipated and will be chewed over by economists, agribusinesses and policymakers for the foreseeable future.

Follow me on Twitter @ChrisClaytonDTN

Posted at 6:47AM CDT 05/05/14 by Chris Clayton
Post a Blog Comment:
Your Comment:
DTN reserves the right to delete comments posted to any of our blogs and forums, for reasons including profanity, libel, irrelevant personal attacks and advertisements.
Blog Home Pages
May  2015
S M T W T F S
               1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31                  
Subscribe to Ag Policy Blog RSS
Recent Blog Posts
  • Attention Turns to House on TPA After Senate Passage
  • Ethanol Hopes to Open Exports to Japan
  • Resolution of COOL Likely to Drag On
  • EPA Spokesperson: 'We Followed law on WOTUS'
  • Final WOTUS may be Released this Week
  • Sage Grouse, Prairie Chicken Listing Blocked by Defense Bill Provision
  • Ag Lauds Senate Vote on Trade
  • Iowa Offers Cost-Share on Conservation Practices
  • House Votes to Kill EPA Waters of the U.S. Rule
  • DuPont Versus Trian Creates a Lot of Intrigue for Agriculture
  • Getting into Compliance with USDA Conservation Rules
  • Ag Groups Take on Bankers Over Farm Credit System
  • Brazil Questioning U.S. Farm Programs as Crop Prices Slide
  • Chicago to Consider E15 Mandate
  • TPA Critics Complain About Provision on Biotech Crops
  • The EU is Endlessly Unpredictable on Biotechnology
  • Trying to Feed the World? So What Does That Mean to Me?
  • Trade Promotion Takes Center Stage in Senate on Earth Day
  • Looking Differently at Rural America and Climate Change
  • USDA Touts Organic Growth as Organic Advocates Sue