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
Better yields build long-term value. The decisions made during the growing season become part of the farm’s performance story. Over time, consistent production records can support operational planning, inform investment decisions, and help demonstrate the value of the land. Important metrics to watch for crop yields are crop moisture content and overall crop health, including… Crop Yield Improvement
The wrong starting price can shape every decision that follows. Without the right information, landowners may enter the market with expectations that do not reflect the property’s performance, position, or current buyer demand. Our five-day Step-by-Step Guide to Unlocking Farmland Value helps you understand what informs farmland pricing before a sale begins. Start the guide… Cost of Information Gaps
Root Agricultural Advisory
2670 S. Eagle Rd. Meridian ID 83642
(208) 753-2333 info@rootagadvisory.com
