Increase in Largest Sales
Class
Total land in farms and ranches
was 34,400,000 acres, unchanged from 2005, but down 40,000 acres or 0.1 percent
from 2004 and 2003 and down from 34,500,000 in 2002 and 2001.
United States: The number of farms in the
Farm numbers declined in the $1,000-$9,999 and the
$100,000 -$249,999 sales classes. Farm numbers rose slightly in the $10,000 -
$99,999 and the two largest sales classes.
The decline in the smallest sales class is most likely due to normal
attrition, such as retirements, and rising incomes. The changes within the other sales classes
were a result of operations moving to larger sales classes by consolidation and
expansion. Because of rising incomes,
many farms and ranches near the top of their sales class in 2005 moved into the
next higher sales class in 2006 without adding land or otherwise expanding
their operations..
The largest percentage
changes from 2005 occurred in the smallest and largest sales classes. Farm numbers declined 1.1 percent, to 1.15
million farms, in the $1,000 - $9,999 sales class. Meanwhile, farm numbers increased 2.4
percent, to 81,350 farms, in the $500,000 & over sales class. The number of farms with less than $100,000
in sales fell 0.6 percent from 2005 and the number of farms with $100,000 or
more in sales rose 0.7 percent.
Land in farms also shifted
from lower sales classes to higher sales classes. In the $1,000-$9,999 sales class, land in
farms dropped 3.0 percent, to 114.7 million acres, while land operated by farms
in the largest sales class, $500,000 & over in sales, increased 1.7
percent, to 213.4 million acres.
Over all, the average farm
size increased 1 acre in 2006. However,
average farm sizes declined in some of the sales classes due to smaller farms
moving up to higher sales classes.