The 2022 Census of Agriculture showed the U.S. had 1,900,487 farms, down from over 2,100,000 in 2012. That represented a ten percent drop, or 208,816 farms, in ten years.
The Census of Ag is conducted every five years, and the last two five-year periods saw the number of farms decrease in all four farm size categories from 2012-2017. The smallest three categories fell from 2017-2022.
Farms with annual revenue of less than $10,000 dropped the largest number within the decade, declining by over 151,000 farms, or 13 percent. On the other hand, large farms with $1 million or more in revenue increased by 32 percent, from 81,600 in 2012 to almost 108,000 in 2022. The number of farms with $10,000 to $249,999 in revenue dropped by 66,600, a nine-percent drop, from 2012 to 2022. Farms with revenues of $250,000 to $999,999 declined by more than 16,800, or a ten percent decrease.
(From the National Association of Farm Broadcasters)