A recent report from Farmers National Company indicates nearly half of all ag land in the U.S. is owned by non-operators.
Randy Dickhut, the senior vice president for Real Estate Operations, says the land is being retained for ag production. “Some of that land stays in the family and some is sold to farmers.”
The 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.
