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Is the US Losing Farms at an Alarming Rate?
AEI
2024.07.17
In the United States, the number of farms and the amount of land being farmed have steadily declined over the past four decades.
However, at the same time, total agricultural output has steadily increased in response to the flow of science-based innovations in technology and management and economies of scale in farming that have substantially increased agricultural productivity.
Thus, in terms of the viability of US food and other supply chains related to agricultural output, there is no reason to be concerned about the declines in the numbers of farms and land in farming that have occurred since 2017.