Decline of US Farms: Historical Low Since 1850

US farms are disappearing at an alarming rate:

The number of US farms fell -15,000 YoY in 2025, to 1.87 million, the lowest since the 1850s.

This marks the 3rd annual decline and the 6th over the last 7 years.

Over this period, the number of farms has dropped -158,200, or -8%.… pic.twitter.com/Js0IFUxkiC

— The Kobeissi Letter (@KobeissiLetter) March 13, 2026