Does anyone else see this?
Early this year, 2021, I did some research on the agricultural market. I found the U.S. Census of Agriculture from 2017 and was shocked at what I found. The total number of farms in the United States is decreasing. According to the USDA 2019 Farm and Land summary, there were 5,800 fewer farms from 2018 to 2019. As of 2020 there are approximately 2.1 million farms in the country, farms defined as an entity that incurs at least $1,000 in revenue. One would think that for there to be over two million farms, there must be quite the spread for earnings amongst those farms... right? Well, according to the 2017 Census of Agriculture, about 800,00 of those two million farms made less than $2,500 in revenue... Roughly 300,000 farms make more than $100,000 in revenue, with another large majority making less than the median income in America. What does this mean? The agriculture industry is dominated by large, corporate farms. In short, we the people have put all our eggs, literally and figuratively, in "one" basket. Should we be surprised that the quality of food is decreasing proportionally to the rise in costs? How about constant shortages that seem to be a new norm? Wouldn't it make more sense for America to rely on local food producers, creating an efficient and economical network for the average American, instead of us all relying on a big box grocer being down the road? Enter Yeoman Farmer.