As someone who’s spent a lot of time in and around farms. I even bought a farm last week!
This is an accurate depiction for the vast majority of farms. It’s an industry where you have a high over head cost (want to start raising cattle - $300k land, $50k equipment, $30k housing / barn, $20k fencing, $10k to start a herd - profit in 2-3 years). This scales well. Get some more land, you can keep the equipment running longer, concentrate cows, etc
I do think this creates overall a less healthy and productive nation. The reason I bought a farm was for my families nutrition. Food from the store has far less nutrition. Working on a farm teaches you hard work (as the article describes) and family bonds. We personally don’t plan on making much profit, if any.
All that being said, focusing on the niche is important. In Tennessee they produce grass fed cattle. Many farmers make profits with relatively small herds. I’m planning on planting a walnut or pawpaw grove, and raising elk.
Unique goods provide a way to make a profit without scale. This is like every industry.