The Trends of Farmland Ownership and Rental
Producers manage farmland by two means: ownership and rental. It’s fairly intuitive that younger producers, being more capital constrained, rely more on rented acres. Conversely, older producers, who have accumulated decades of equity, own more of the acres they manage. And while we know this anecdotally, we decided to look at the details behind the balance of owned and rented farmland and how the relationship has trended over time.