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REPORT SHOWS PERCENT OF FARM/RANCHLAND OWNED BY NON-OPERATORS
Sep. 28, 2021
Source: Farmers National Co. news release
The share of agricultural land owned by non-operating landowners and leased to farms and ranchers varies by state and region. In the grain belt, the percentage of rented land varies from 40% to over 50%.
This landowner group is made up of retired farmers and ranchers, local owners who don't farm, inheritors of the land who may live locally or at a distance, and institutional owners. The amount of land owned by non-farmers and ranchers in an area has an effect on the rental market.
Many farms and ranches owned by non-operators are part of a family legacy.
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