Input Costs Pressure Profit Outlook ocj.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ocj.com Daily Mail and Mail on Sunday newspapers.
Ohio State University
farmdoc daily (11):103
farmdoc daily (11):103, Department of Agricultural and Consumer Economics, University of Illinois at
Urbana-Champaign, July 6, 2021. Permalink
Most grain farms in Illinois over 500 acres rent most of their land base. Moreover, rented farmland of rented farmland is controlled by larger acreage farms. In 2017, farms of over 1,000 acres farmed 60% of rented farmland, with one-third of rented acres controlled by farmers over 2,000 acres. This has important implications in conservation adoption. Some conservation practices have short-run costs, generally paid by the farmer, with the potential of long-run returns. Farmer tenants may be hesitant to make conservation investments on rented farmland because farmland leases often require an annual renewal. Success in having these practices adopted depends on properly incentivizing farmers and landowners in partnership, including the larger-acreage farms that are farming a majority of rent
3 Big Things Today, June 30, 2021 agriculture.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agriculture.com Daily Mail and Mail on Sunday newspapers.