Finding Land to Farm: Six Ways to Secure Farmland
This publication highlights some common ways to lease or own land. It outlines important considerations about each of these leasing options and paths to ownership.
Renting farmland is a common practice in U.S. agriculture, where more than 45 percent of the 917 million farmland acres are rented. According to the 1999 Agricultural Economics and Land Ownership Survey, 60 percent of farmland rent is paid in cash, 24 percent in shares of production, and 11 percent in a cash/share combination. Following are short descriptions of the various leasing and ownership options covered in this publication.