Consolidating class c commodity inventory
Shifts of crop acreage to larger farms occurred in almost all crops.
However, most cropland is rented, and farms frequently expand by renting more cropland, often from retired farmers and their relatives, but sometimes from absentee investors in farmland.
Because GCFI can be affected by inflation in prices irrespective of any change in production, we adjust for inflation and report GCFI in 2015 dollars.
We use USDA’s annual Agricultural Resource Management Survey (ARMS) for sales data, and can therefore extend the analysis through 2015. In 2015, small farms with less than 0,000 in GCFI accounted for about 25 percent of the value of agricultural production, down from 46 percent in 1991.
In other sectors (like broilers, turkeys, and fed cattle), production shifted to larger operations by 2012, but the shifts were not persistent, and there is little evidence of continuing consolidation in 2007-12.
Major reorganizations of those industries occurred earlier, in the 1960s and 1970s, and the later shifts reflected further adjustments. The midpoint beef cow herd was at 89 cows in 1987, a bit larger than the midpoint milk cow herd.
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Other livestock, such as sheep, goats, and horses, may also graze on pasture and range—but cattle are the major users of what amounts to nearly half of all U. So far, we have focused on specific livestock and commodities, and showed that acreage and production in most have consolidated into larger enterprises.