Tag Archives: african american farms

HBCU Money Presents: 2017’s African American Farmers Report

The state of African American farms continues to be a vital component to the African American economy, this despite investment and participation in it on a downward trend. We are highlighting key findings from the 2017 USDA Agriculture Census with 2012 comparison in parentheses where available.

Number of Farms: 35,470 (36,382)

Land in farms (acres): 4,673,140 (4,563,805)

Average size of farm (acres): 132 (125)

Market Value of products sold: $1,416,256,000 ($1,311,6332,000)

Market Value of crops sold: $857,698,000

Market value of livestock, poultry, & products: $558,558,000

Government payments: $58,807,000 (60,731,000)

Average Per Farm Receiving Payments: $7,108 ($5,509)

69 Percent of African American Farms are between 10-180 acres

4 Percent of African American Farms are over 500 acres

43 percent of African American farmers are over the age of 65

5 percent of African American farmers are under the age of 35