More than half of US farmers will retire in the next decade
Farmers over the age of 55 control more than 50% of US farmland. Who is going to get that farmland when they retire in less than 10-years?
Turnovers happen in any industry. But a turnover of more than 50% of that current industry with not enough talent, workforce support, or interest to back it up… spells disaster.
More than 50% of current US farmers will retire in the next decade. These farmers own more than 50% of US farmland. Their retirement begets two very important questions:
- What will happen to this farmland?
- Who is going to take their place?
