How did bonanza farms make it difficult for small farms to compete?

Bonanza farms, which were large agricultural operations that emerged in the late 19th century, made it difficult for small farms to compete by leveraging economies of scale. They could produce crops at a lower cost due to their extensive land holdings and access to advanced machinery, leading to higher yields and reduced per-unit costs. Additionally, bonanza farms often had better access to markets and capital, allowing them to dominate local markets and drive prices down, further squeezing small farmers who struggled to compete on price and productivity. This consolidation of resources and market power ultimately marginalized small farms, pushing many out of business.