The Census of Agriculture provides a wealth of data on the state of the industry. Economists with NASS recently took a look at farm topology, peeling back the layers of each operation.
“The farm topology sort of slices this up by looking at what’s called the gross cash farm income. Under value production, that farm produces many, many dollars in value production. But the part that comes back to the farmer is just the fee he receives. Cash farm income and the farm topology just count the part that the farmer gets for his fee. Value production counts everything that came off the farm,” said Joseph Parsons.
Economists uncovered that producers on small farms tend to be new to the profession and have served in the military, and they also likely rely on off-farm work to get by. They also discovered that farming has become a retirement plan, with many new small farmers over the age of 65.
Livestock and government payments provide a boost, but crop receipts and rising expenses keep pressure on margins. Strong financial planning remains key in a volatile environment.
September 30, 2025 10:45 AM
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The USDA is working with 14 different states, including Georgia, to develop and implement block grants to address the unique disaster recovery needs for each state.
September 30, 2025 10:25 AM
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The USDA’s August Cold Storage report shows shifting stock levels across major dairy, meat, and poultry products.
September 29, 2025 06:21 PM
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The total value of the U.S. potato crop was $4.60 billion in 2024, representing an 8% decrease from the previous year.
September 29, 2025 06:00 PM
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Crop-specific shifts and strong prices highlight the variability of this year’s fruit and tree nut harvest, according to USDA data.
September 29, 2025 05:11 PM
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The decline in production marks the second consecutive year of contraction in the U.S. turkey industry.
September 29, 2025 05:05 PM
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