Over 140,000 Farms Lost In 5 Years

Source: https://www.zerohedge.com/markets/over-140000-farms-lost-5-years
Published: Mar 11, 2024
Author: Tyler Durden
Post Date: 2024-03-11 11:56:27 by Horse
Views: 1665

Between 2017 and 2022, the number of farms in the U.S. declined by 141,733 or 7%, according to USDA’s 2022 Census of Agriculture, released on Feb. 13.

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#1: Horse    To: All (#0)

Acres operated by farm operations during the same timeframe declined by 20.1 million (2.2%), a loss equivalent to an area about the size of Maine. Only 1.88% of acres operated and 1% of farm operations were classified under a non-family corporate farm structure.

Conducted every five years, the Census of Agriculture collects data on land use and ownership, producer characteristics, production practices, income and expenditures. USDA defines a farm as an operation that produced and sold, or normally would have sold, $1,000 or more of agricultural products during the census year.

While the number of farm operations and acres operated declined, the value of agricultural production increased, rising from $389 billion in 2017 to $533 billion in 2022 (40% nominally and 17% adjusted for inflation). These updated numbers highlight the continuing trend of fewer operations farming fewer acres of land but producing more each year.

Horse posted on 2024-03-11 12:02:51   Reply   Private Reply

#2: Horse    To: All (#1)

https://citizenwatchreport.com/russia-produces-seven-times-more-artillery-shells-than-all-the-nato-countries-combined/

Russia produces seven times more artillery shells than all the NATO countries combined

Horse posted on 2024-03-11 12:04:24   Reply   Private Reply

#3: ghostrider    To: Horse (#2)

NATO equipment is so bottom shelf, they can't wait to give it to the ukecraine.

ghostrider posted on 2024-03-11 17:51:05   Reply   Private Reply

#4: Esso    To: Horse, 4um (#1)

We're losing the country...

Esso posted on 2024-03-11 21:12:16   Reply   Private Reply