Hoppe, Robert A.; Korb, Penelope J.; Banker, David E. - Economic Research Service, Department of Agriculture - 2008
Million-dollar farms—those with annual sales of at least $1 million—accounted for about half of U.S. farm sales in 2002 …, up from a fourth in 1982 (with sales measured in constant 2002 dollars). By 2006, million-dollar farms, accounting for 2 …. Most million-dollar farms (84 percent) are family farms, that is, the farm operator and relatives of the operator own the …