U.S.net farm income peaked in 2013 at $123 billion (in nominal terms)--a year which was also the highest inflation-adjusted level since 1973. Since that record level was achieved, the supply impacts from three consecuti
Can we define what constitutes a family farm? A multigenerational row crop family in Illinois with 15,000 acres would call themselves as a family farm. So would a 10,000 cow dairy or an organic vegetable gardener.