Production is still operated by family run farms. It's so capital inefficient that no corporation would dare bother.
Its pretty bleak. Farmers that don't farm. Family ownership has dropped drastically. Most farm owners are 65 or older, half of that women that outlived their families and don't work the land any more. Most land in production is rented. Families that keep the ol farmstead do it for sentimental reasons and hire it out to a corporation.
Many children leave the family farm; they can earn more with less work, and operating a profitable farm operation is very difficult. Families don't like selling their farmland, so they rent it out to another farmer. There are funds that buy farmland to profit from rental or future resale, but again they are not the operators.
Perhaps it'd be helpful if you provided a few examples of these corporations? Not incorporated family farms, but these for-hire corporations operating at large acreage scales.
> Corporate ownership has remained relatively stable since 1982, coming in at 10 percent last year.