Percent of Farms with High Operating Profit Margins by Farm Type – 2011-20

(Percent of farms with OPM >25)

Large-scale family farms are more likely to have stronger financial performance than other farms. Large-scale family farms, defined as those with gross cash farm income of $1 million or more, were the most likely to have low-risk operating profit margins vs. non family and family farms of other sizes. The share of large-scale family farms considered low risk fell from 48% in 2011 to 43% in 2020. Large-scale family farms made up…

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