FARM BUSINESS NEWS
Klinefelter: By the Numbers
Danny Klinefelter DTN Farm Business Advisor
Thu Jul 24, 2014 06:28 AM CDT

As is typically the case, it was late this spring and a two-year delay before the results of the 2012 Census of Agriculture were published. What may surprise readers is that peak commodity prices since 2007 couldn't stop the century-old trend of farm consolidation.

The accompanying table shows the breakdown of farm size by total farm sales from 1982-2012. It is significant to note that farms with sales over $5 million just started to be broken out with the 2007 Census, but they are rapidly commanding market share.

Of the 2.1 million farms in 2012, only the top 8,565 -- ...

Quick View
  • Enlist Cotton Approved USDA has made its final decision to deregulate Dow AgroScience's Enlist cotton trait, which means...
  • Market Moves Weaning and preconditioning top the list of aggravating and expensive chores for most ranchers. C...
  • Ask The Mechanic Ask the Mechanic answers the question about how VW and German engineering was able to get by with...
  • Senior Partners - 4 Except for family sales, seller financing virtually vanished after the farm crisis of the 1980s w...
  • PNW Ag Hit by Historic Drought In addition to problems with the Northwestern wheat crop, cattle are also being adversely affecte...
  • RFS Deadline Nears With the deadline to file comments on the proposed Renewable Fuel Standard volumes to strike at m...
  • Woodbury: Farm Family Business Agendas don't always lead to immediate decisions, but can still cement your family unity.
  • Multi-Year Losses Spur Concern The recent price rally offered growers a welcome opportunity to price 2014 and 2015 crops, but it...
  • Ask the Vet The vet says my calf had Mannheimia. What is that?
Related News Stories
Ag Interest Rate Snapshot
Senior Partners - 4
Batten Down the Hatches
Minding Ag's Business
Minding Ag's Business
DuPont Trims Outlook on Ag Weakness
Woodbury: Farm Family Business
Hearing on Railroad Revenue Adequacy
Minding Ag's Business
Grain Shipper Files for Bankruptcy