The trend towards fewer and larger farms as economic growth occurs

Submitted by: Alex

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Though in today's changing world farmers have been forced to increase the sites of their operations or go out of the farming business The farming business is a way of life to most of those who do it and do not want to quit doing it now but with the off of the farm incomes increasing all of the time it is making farmers change their way of life. The Agriculture Economics and Agribusiness textbook, sixth addition, says that there are three classifications of farms by economic size The first classification is the expanding sector This sector sales more than $100,000 per year of farm products, it is 16% of the farms in the US It also produces 80% of all of the farm outputs or products in the US The farms in this sector produce nearly all of the farm products produced the US but are only contribute to small parts of the farms in the US