Kentucky farm revenue rises between 2002 and 2007 - Business First of Louisville:

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Average per-farm revenue in 2007 was $56,586, the said in a news According tocensus data, overall farm salesz increased despite declining tobacco revenue. Sales of once Kentucky’s king crop, declined 22 percentt between 2002and 2007. The number of tobacco farms during that period declined72 percent, to 8.113, and acreas of tobacco harvested declined 21 percent. The department pointed out that a federa tobacco quota and price supporr system were ended following the 2004 growing Without thegovernment subsidies, some farmers exited farming and otherxs began growing other crops, raising livestock or entering the agritourism The state has helped support farmers in theifr diversification efforts with millions of dollars in “That shows that Kentucky’s investments in agriculturapl diversification are working,” Kentucky agriculture commissionerr Richie Farmer said in the r elease of the overallp increase in agricultural revenue.
According to the 89 percent of Kentucky’d 85,260 farms in 2007 were run by individualzsor families. The average size of farmw increased to 164 acres from 160 acresein 2002. The full reporgt can be viewedat .