{"id":17146,"date":"2019-02-08T09:35:30","date_gmt":"2019-02-08T16:35:30","guid":{"rendered":"https:\/\/plantingseedsblog.cdfa.ca.gov\/wordpress\/?p=17146"},"modified":"2019-02-08T09:35:37","modified_gmt":"2019-02-08T16:35:37","slug":"big-potential-changes-ahead-in-land-ownership-and-farm-operators-from-agripulse","status":"publish","type":"post","link":"https:\/\/plantingseedsblog.cdfa.ca.gov\/wordpress\/index.php\/2019\/02\/08\/big-potential-changes-ahead-in-land-ownership-and-farm-operators-from-agripulse\/","title":{"rendered":"Big potential changes ahead in land ownership and farm operators &#8211; from AgriPulse"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"836\" height=\"627\" src=\"https:\/\/plantingseedsblog.cdfa.ca.gov\/wordpress\/wp-content\/uploads\/2019\/02\/AgriPulse-GreenFarm836.png\" alt=\"\" class=\"wp-image-17154\" srcset=\"https:\/\/plantingseedsblog.cdfa.ca.gov\/wordpress\/wp-content\/uploads\/2019\/02\/AgriPulse-GreenFarm836.png 836w, https:\/\/plantingseedsblog.cdfa.ca.gov\/wordpress\/wp-content\/uploads\/2019\/02\/AgriPulse-GreenFarm836-300x225.png 300w, https:\/\/plantingseedsblog.cdfa.ca.gov\/wordpress\/wp-content\/uploads\/2019\/02\/AgriPulse-GreenFarm836-768x576.png 768w\" sizes=\"(max-width: 836px) 100vw, 836px\" \/><\/figure>\n\n\n\n<p><strong>By Ed Maixner and Sara Wyant<\/strong><\/p>\n\n\n\n<p>Dig into U.S. farmland tenure to see what\u2019s happening and what\u2019s likely for the future, and Carson Futch\u2019s 87-year-old dad, Alvin, is very typical. <\/p>\n\n\n\n<p>Carson, a real estate agent specializing in farmland for Lakeland-based Saunders Real Estate in central and south Florida, says his dad was a fifth-generation farmer with no family members who wanted to farm, so he put his land into a family corporation and has rented it out for decades to another large farmland manager for growing strawberries.\u00ad <\/p>\n\n\n\n<p>It often happens, he says: \u201cFarmers have invested in their land and in their operation all these years, so their land is where they will get their retirement money.\u201d <\/p>\n\n\n\n<p>Other likely trends for the years ahead: <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Across the next decade or two, expect the average ages of farmland owners to continue edging up. <\/li><li>In fact, like the elder Futch, many are assigning their land in wills, family corporations or trusts and then just keeping it through their retirement years, avoiding the severe tax consequences of selling or gifting it while alive. <\/li><li>Farmers will continue to be the most typical buyers of agricultural land, but their dominance will slip. <\/li><li>Non-farmers will own more and more of the land \u2013 especially the rented acreage. <\/li><li>Expect, as well, a continued swing, especially by mid-size and big farm operators, toward renting more acreage and owning less. <\/li><li>There\u2019ll be more women owners and operators, too, even while there are fewer farm operators overall. <\/li><li>Food companies are demanding more traceability and sustainability \u2013 often without paying for the extra costs of doing so. That can make it harder for smaller and mid-size operations to maintain profitability without scaling up and making investments in new technology.<\/li><\/ul>\n\n\n\n<p><strong>How quickly will changes come?<\/strong> <\/p>\n\n\n\n<p>For generations the turnover in ownership of America\u2019s farm and ranch land has been slow and usually steady, and some experts say that pace won\u2019t likely change much in the near future. <\/p>\n\n\n\n<p>\u201cI don\u2019t anticipate a faster pace of turnover. I think it\u2019ll be a continuation of the trend we\u2019ve seen the last several decades,\u201d says Timothy Fevold, president of the American Society of Farm Managers and Rural Appraisers. <\/p>\n\n\n\n<p>Futch agrees. Despite the state\u2019s repeated beatings, including hurricane havoc in fields and orchards and its awful greening disease disaster in citrus groves, \u201cfarmland is still going to be in demand,\u201d he says, and values will continue to ratchet up, as they have been, in \u201ccoastal areas, where there is a lot of pressure for development.\u201d <\/p>\n\n\n\n<p>Besides, he says, \u201cwe have too good of a climate (for farmland to not be in demand),\u201d and he says buyers continue to have endless reasons to invest in farmland there, including solar farms lately. Thus, he says, \u201cI don\u2019t see any drastic change\u201d in the numbers of land sales. <\/p>\n\n\n\n<p>Yet, the landscape for farm owners and operators could be changing faster than many have anticipated, says Brett Sciotto, CEO of Aimpoint Research, a global marketing research firm that has done extensive work analyzing current agricultural trends and identifying the \u201cFarmer of the Future.\u201d He\u2019s identified six trends that could speed up structural changes in agriculture \u2013 putting a lot of pressure on farmers and traditional ag institutions.<\/p>\n\n\n\n<p>Though the pace may be undetermined, you should look for at least 370 million acres of agricultural lands to change hands in the 48 contiguous states at least once in the 10 to 20 years ending in 2034.<\/p>\n\n\n\n<p>Read more <a href=\"https:\/\/www.agri-pulse.com\/articles\/11869-big-changes-ahead-in-land-ownership-and-farm-operators?utm_source=Instant+Update&amp;utm_campaign=ba09cad908-EMAIL_CAMPAIGN_2018_01_08_COPY_1350&amp;utm_medium=email&amp;utm_term=0_288ff2b53a-ba09cad908-48953233\">here<\/a>, including a list of six trends expected shape the future of US agriculture. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Ed Maixner and Sara Wyant Dig into U.S. farmland tenure to see what\u2019s happening and what\u2019s likely for the future, and Carson Futch\u2019s 87-year-old dad, Alvin, is very typical. Carson, a real estate agent specializing in farmland for Lakeland-based &hellip; <a href=\"https:\/\/plantingseedsblog.cdfa.ca.gov\/wordpress\/index.php\/2019\/02\/08\/big-potential-changes-ahead-in-land-ownership-and-farm-operators-from-agripulse\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-17146","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>Big potential changes ahead in land ownership and farm operators - from AgriPulse - CDFA&#039;s Planting Seeds Blog<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/plantingseedsblog.cdfa.ca.gov\/wordpress\/index.php\/2019\/02\/08\/big-potential-changes-ahead-in-land-ownership-and-farm-operators-from-agripulse\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Big potential changes ahead in land ownership and farm operators - from AgriPulse - CDFA&#039;s Planting Seeds Blog\" \/>\r\n<meta property=\"og:description\" content=\"By Ed Maixner and Sara Wyant Dig into U.S. farmland tenure to see what\u2019s happening and what\u2019s likely for the future, and Carson Futch\u2019s 87-year-old dad, Alvin, is very typical. 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