I’ve heard before that it is mostly the large, corporate owned farmers that get the cash. The smaller, mom and pop farms not so much.
What is the reality?
Stats are a few years old, but still accurate. That bottom three-quarters don’t actually make a living farming:
...Large farms with over $1 million in sales account for only 4 percent of all farms, but 66 percent of all sales. That’s up considerably from 1 percent of all farms and 50 percent of all sales a decade ago.
However, three quarters of all U.S. farms gross only $50,000 a year and currently account for only 4 percent of product sales....
Larger farms have proportionately lower production costs because they can invest in their production infrastructure.
Smaller farms have proportionately higher costs. For example they may have only one small truck to deliver product and hence have to make multiple trips increasing delivery costs.
Small dairy farms are at a big disadvantage regarding pick-up and delivery of milk.
What’s the difference between large corporate farms and Soviet Collective Farms?
The article on this subject at Reuters said the payments were capped at $125,000.00
We have driven a ton in the bread basket of America.. garms with croporate signs for as far as the eye can see. Lets put it this way.. if your tractor has better A/C than my car... i feel your pain.
Poor guys. We looked at purchasing a small tractor.. um more expensive than both our vehicles.
Try it yourself.. just get a price for a basic tractor. Ma and pa arent buying them.