February 22, 2013
It seems simple enough. What is a farm? The U.S. Agriculture Department defines it as “any place from which $1,000 or more of agricultural products were produced and sold, or normally would have been sold, during the year.”
“In fact, almost 95 percent of all U.S. farms are family owned,” Darren Hudson, the director of the Cotton Economic Research Institute at Texas Tech University in Lubbock, Texas said.