It has been said that farmers can’t afford to be pessimists. Even in an age of rapidly encroaching automation, it isn’t, and never has been, easy being a farmer. However, one cannot become a farmer without a sense of optimism.
There are over two million individual farms in the United States. That is the equivalent of almost 900 million acres of arable land used for industry in the country. And the average size of a farm is about 444 acres.
The typical family-owned farm makes about $69,000 in profits annually.
However, due to climate change, international political tensions, tariff wars and changing consumer diets, family-run farms have struggled to profit. Over 39% of the income generated by farmers in 2021 will come from tens of billions in government subsidy payments.
REPOSTED FROM LANDINCOME.COM – READ FULL ARTICLE HERE
💧 Limited water does not have to mean limited options. Klamath Basin landowners enrolled more than 11,000 acres in water-conservation programs, balancing water use with operational and financial needs. Understanding available programs and how they fit into the broader operation can create a stronger path forward. Root Agricultural Advisory helps agricultural businesses evaluate their options… Understanding Your Water Options
🌱 Knowing your farmlands value, understanding buyer priorities, and identifying potential risks early can give you more control once negotiations begin. Our five-day Step-by-Step Guide to Unlocking Farmland Value helps landowners and advisors prepare before the property reaches the market. Start the guide through here.
Root Agricultural Advisory
2670 S. Eagle Rd. Meridian ID 83642
(208) 753-2333 info@rootagadvisory.com
