The following commentary does not necessarily reflect the views of AgWeb or Farm Journal Media. The opinions expressed below are the author's own.
Paul is now part of the fourth generation in America that is involved in farming and hopes the next generation will be involved also. Through his blog he provides analysis and insight to farmer tax questions.
According to the USDA (using 2007 information) farmers who grow and raise more than $1 million in annual farm sales account for 47% of total farm production. The survey done by the USDA compared 2007 to 1991 and there are several interesting facts in the survey:
I think the trend of larger farms will continue especially as the older farmers pass on their land to children that are not in farming.
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