From 2016 Cencus

[fjlip]

Smaller farms are now spending less for every dollar earned
Farms with fewer receipts have reduced operating expenses per dollar of gross farm receipts compared with 2010 (Table 4).

The ratio became more favourable for farms with less than $250,000 in receipts, while it became less favourable for farms with $250,000 or more in receipts.
Despite their ratios becoming less favourable between 2010 and 2015, farms with receipts between $250,000 and $1 million still spent the least in operating expenses for every dollar in receipts.

Farms with receipts in the millions are on the rise
Larger farms were responsible for a growing proportion of national receipts. While farms that reported $1 million or more in gross farm receipts accounted for 7.6% of all farms in 2016, their share of gross farm receipts increased to 60.3% in 2015.
In turn, the 1.5% of farms that had gross farm receipts in excess of $3 million accounted for more than one-third of receipts in 2015.

[15444]

Smaller farms are now spending less for every dollar earned
Farms with fewer receipts have reduced operating expenses per dollar of gross farm receipts compared with 2010 (Table 4).

The ratio became more favourable for farms with less than $250,000 in receipts, while it became less favourable for farms with $250,000 or more in receipts.
Despite their ratios becoming less favourable between 2010 and 2015, farms with receipts between $250,000 and $1 million still spent the least in operating expenses for every dollar in receipts.

Farms with receipts in the millions are on the rise
Larger farms were responsible for a growing proportion of national receipts. While farms that reported $1 million or more in gross farm receipts accounted for 7.6% of all farms in 2016, their share of gross farm receipts increased to 60.3% in 2015.
In turn, the 1.5% of farms that had gross farm receipts in excess of $3 million accounted for more than one-third of receipts in 2015.

So if I understand this right, 9.1% of farms generate over 90% of farm income?

[grassfarmer]

So if I understand this right, 9.1% of farms generate over 90% of farm income?

I would assume not as the farms with over $3 million gross would already be counted as having over $1 million gross sales.

[bgmb]

A farm with less than 250,000 in revenue is either a retired guy crop sharing, a small part time farmer or a small farm targeting a high margin niche market. 250 -one million would be a small farm a million to 3 million would be medium 3 -8 would be large and over 8 is bto territory

[GDR]

Smaller farms are now spending less for every dollar earned
Farms with fewer receipts have reduced operating expenses per dollar of gross farm receipts compared with 2010 (Table 4).

The ratio became more favourable for farms with less than $250,000 in receipts, while it became less favourable for farms with $250,000 or more in receipts.
Despite their ratios becoming less favourable between 2010 and 2015, farms with receipts between $250,000 and $1 million still spent the least in operating expenses for every dollar in receipts.

Farms with receipts in the millions are on the rise
Larger farms were responsible for a growing proportion of national receipts. While farms that reported $1 million or more in gross farm receipts accounted for 7.6% of all farms in 2016, their share of gross farm receipts increased to 60.3% in 2015.
In turn, the 1.5% of farms that had gross farm receipts in excess of $3 million accounted for more than one-third of receipts in 2015.

Does it say what those ratios are or average in the different categories? Always curious to see how a guy compares to others.

[farmaholic]

Define farm:
Straight grain
Cattle
Pig barns
Poultry barns
Egg layer barns
Dairy barns
Vegetable
Potato

Or a combination of two or more of the above.

[GDR]

Is there a size point where the definition of a "farm" should end and commercial enterprise begin? Not to offend any bto guys but, safety net programs, regulations etc should likely apply differently to different sizes.

If the big dog on the farm never makes it out of the office just gives orders over the radio is he still a farmer? Or a business man? Obviously we are all both. Biggest guy I know has a massive hay operation, couple years ago talked to him in the field he was running an old 2290 case tractor, about 5 other tractors in the field and they were all brand new. When I asked, he said if the boss drives the worst piece of junk in the operation gives everybody nothing to complain about and keeps morale up. I thought that was pretty smart.

[DaneG]

Gross revenue is one thing net is where the rubber hits the road!

[fjlip]

Gross revenue is one thing net is where the rubber hits the road!

The expense-to-receipt ratio is the average amount incurred in operating expenses for a dollar in gross farm receipts. The
ratio is calculated using current dollars while the rest is in constant dollars.
The Census of Agriculture defines an agricultural operation as one that produces agricultural products intended for sale.
Price indices were used to obtain constant dollar estimates of receipts, expenditures and capital values in order to
eliminate the impact of price change in year-to-year comparison.
Census Day was May 10 , 2016. Farmers were asked to report their receipts and expenses for the last complete fiscal or
calendar year (2015). The reference year for all other variables mentioned in this article is 2016.

Expense-to-receipt ratio remains unchanged nationally
The expense-to-receipt ratio is calculated using current dollars as opposed to constant dollars. It is a good indicator of how
changes in prices and production affect both operating expenses and farm receipts, and consequently the profitability of farm
operations. While varying by province and farm type, the national expense-to-receipt ratio remained unchanged at 0.83.
Saskatchewan continued to have the lowest expense-to-receipt ratio among the provinces (Table 1). However, it became less
favourable moving from 0.76 in 2010 to 0.78 in 2015. This was largely driven by oilseed and grain type farms, which accounted
for 79.7% of all receipts in the province in 2015.

[checking]

If it was meant to be said that 6.1% of farmers reported sales of 1 to 3 million dollars, and this amounted to 26 to 27% of all farm receipts, and 1.5% of farmers reported sales of 3 million dollars , or more, and this represented more than a third of all farm receipts, then Why TF didn't it get reported that way. Fake reporting, gassy!