farmland acres

70 Percent of Farmland to Change Hands in Next 20 Years

Dan Economy, Industry News Release

Farmers National Company says 70 percent of farmland will transfer ownership over the next 20 years. The transfers will occur by sale, will, trust beneficiary or gifts, according to the company. For farm and ranch operations, land is by far the most significant asset in this transfer of wealth. Over the next five years, ten percent of the 911 million …