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 -- ...

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