Facing ongoing challenge of ag land acquisition : vimarsana.

Facing ongoing challenge of ag land acquisition


Tyler Harris
PERFECT STORM: Part of what Steve Bohr describes as the perfect storm affecting ag land transitions is the age of the landowner. While 25% of the land in Iowa is owned by people ages 55 to 64, 26% is owned by people ages 65 to 74, and 34% is owned by people ages 75 and older.
While about 60% of the land in Iowa is owned by people ages 65 and older, two-thirds of the land will transition in the next 20 years.
While most people who grew up on a farm are thankful for the experience, fewer and fewer people have had the opportunity over time. As Steve Bohr notes, it begs the question: Why would you ever stop farming? "Ultimately," Bohr says, "death is what forces us to transition."

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