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
New income opportunities can be a good fit for a farm or ranch, but they still need to work with the operation. LandTrust gives landowners another way to generate income from their property through guest experiences. Before adding a visitor experience, consider: • What areas of the property guests could access • How hosting would fit the… Potential On Farm Additional Revenue Streams
Team Spotlight ➡️ Sonora Zaugg, Farm Management Associate Meet Sonora, a vital part of our team here at Root Ag Advisory. She plays a key role in supporting both permanent and row crop operations, with hands-on experience in asset management, budgeting, financial reporting, and property oversight. Lately, she’s been serving as a water liaison, representing… Employee Spotlight: Sonora Zaugg
Root Agricultural Advisory
2670 S. Eagle Rd. Meridian ID 83642
(208) 753-2333 info@rootagadvisory.com
