Structure and Finances of U.S. Farms: Family Farm Report ... - AgWeb

Table 4Farms and production by resource region, 2007Resource region 1ItemHeartlandNorthernCrescentNorthernGreat PlainsPrairieGatewayEasternUplandsSouthernSeaboardFruitfulRimBasin &RangeMississippiPortalAll farmsThousandsTotal farms 436.6 318.6 99.4 315.5 345.6 242.5 261.9 89.9 86.8 2,196.8Percent of U.S. totalDistribution of:All farms 19.9 14.5 4.5 14.4 15.7 11.0 11.9 4.1 4.0 100.0Million-dollar farms 24.7 10.5 5.4 13.4 5.7 12.5 21.0 2.3 4.5 100.0Type of farm:Percent of groupRetirement 18.1 17.9 20.9 14.0 20.4 17.1 21.6 18.2 20.7 18.4Residential/lifestyle 39.5 44.2 26.9 49.0 53.4 51.2 40.4 41.7 49.9 45.1Lower-sales 16.1 21.7 24.0 20.2 19.8 17.4 22.8 25.9 16.6 19.8Medium-sales 8.1 7.1 9.6 4.6 1.9 2.6 3.5 6.1 1.9 5.1Large 7.8 4.4 8.6 3.7 1.5 2.8 2.8 3.5 2.9 4.3Very large 7.9 3.6 7.4 4.6 2.2 5.7 5.0 2.4 6.3 5.0Nonfamily 2.5 1.1 2.5 3.8 0.9 3.3 3.8 2.1 1.7 2.4Percent of U.S. totalValue of production 25.9 10.7 6.0 16.3 5.8 9.3 20.4 2.5 2.9 100.0Cash grains 2 53.6 7.2 10.8 15.4 0.4 2.6 2.8 1.6 5.7 100.0Cotton 3.6 0.0 0.0 39.4 d 15.6 18.3 d 21.7 100.0High-value crops 3 3.0 13.1 0.8 3.8 5.0 6.8 62.8 3.9 0.9 100.0Tobacco 9.7 4.3 0.0 0.0 20.4 63.5 d 0.0 d 100.0Beef 22.2 3.5 8.9 41.1 7.7 3.2 8.8 3.7 0.8 100.0Hogs 70.2 5.0 0.4 6.1 1.5 15.7 0.1 0.1 0.9 100.0Dairy 8.9 32.7 3.2 10.0 4.1 2.8 36.5 d d 100.0Poultry 13.2 7.8 0.1 d 22.9 44.2 4.2 d 4.1 100.0d = Data suppressed due to insufficient observations.1For the areas included in each resource region, see box, “Geographic Units,” on page 16.2Includes barley, corn, oats, rice, sorghum, soybeans, wheat, and oats.3Vegetables, fruits and tree nuts, and nursery and greenhouse products.Source: USDA, National Agricultural Statistics Service and Economic Research Service, 2007 Agricultural Resource Management Survey,Phase III.17Structure and Finances of U.S. Farms: Family Farm Report, 2010 Edition / EIB-66Economic Research Service/USDA