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Absolutely!
We have numerous "farmers Markets" in our area. There is a large percentage of the farmers that sell at this that are growing their crops on less than 10 acres. There are several that grow smaller items like the cut flowers for decoration that are on less than one acre.
To me, it is just a mindset. I do consider my 12 acres a farm, and if I had only 2 acres, it may change what I do and how I do it, but I would probly still consider it a farm.
But then again, these are just my thoughts and feelings. Like I said before, I don't think there are hard fast rules on what we call them. It seems to me that folks that have been raised around the larger expanses of land in "real farm country" will tend to think a farm is going to be 100 acres or more, where as someone raised in the middle of Chicago, may consider a farm to be an acre or more.
As long as we are content with what we have, and it serves our purpose, then I think we should be able to call it whatever we want.