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Addressing Risk in Agriculture

Introduction Agricultural producers, similar to other businesses, face significant risk. The United States Department of Agriculture’s (USDA) Economic Research Service identifies five different types of farming risk: human and personal risk (such as human health), institutional risk (regarding governmental action), financial risk (such as access to capital), price or market risk, and production risk (such as weather and pests). Of these, policymakers usually focus on the last two types. ....

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Survey finds non-operator landowners critical in land management


A new survey by the American Farmland Trust set out to learn more about non-operator farmland landowners.
Forty percent, or more than 350 million acres, of farmland and ranchland across America is rented or leased. The 2020 AFT survey focused on the 13 states with the largest number of rented acres. AFT s provided the most comprehensive set of data on non-operator landowners  (NOLS) since the 2014 Tenure, Ownership, and Transition of Agricultural Land Survey conducted by the USDA National Agricultural Statistics Service and provided actionable findings for conservationists.
Landowners who responded to the survey were, on average, older and male. Close to a third of the sample in each state had direct farming experience. Respondents tended to not live on the land they rented. In only three states, Indiana, New York and Pennsylvania, did 50% or more of the landowners live on their land. By contrast, only 17% of the respondents in Arkansas and 16% in Texas reported living on ....

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