Published on September 10th, 2015 | by Joshua New0
Understanding Who Owns U.S. Farmland
The National Agricultural Statistics Service, the statistical branch of the U.S. Department of Agriculture, has published data from its 2014 “Tenure, Ownership, and Transition of Agricultural Land” survey, which collected information on the 354 million acres of farmland that landowners rent out for agricultural purposes. The data on rented farmland, which accounts for 39 percent of all farmland in the United States and represents $1.1 trillion in value in 2014 alone, will help policymakers and researchers better understand trends in farmland access, conservation efforts, and production decisions.