Educating the next generation of farmers on the value of land
Do you have a plan set up for the next generation of farmers to care for your land?
Retirement is not a word often used in farming, as many farmers work well past the
typical retirement age. However, aging is a natural part of life and in order to pass
down the tradition of caring for the land, farmers must educate the next generation
on the importance of agriculture and specifically, the land that feeds the world.
Farmland is more than just growing and harvesting a fruitful crop. It is one of the
steadiest forms of investment and is seen as a large value to financial institutions
worldwide. As productivity in the agriculture industry grows due to research and
investment, so does the value of farmland.
Recently, prices of farmland have made the news with their record high prices.
While farmland costs are increasing, landowners are still able to make a living off
the land with reductions in labor and increases in productivity.
Farmland isn’t easily quantifiable or constrained to a number value. Many factors
play into the overall value of the land, and it can be difficult to understand how they
each play a part. Tillable offers a free farmland checkup of the health of the soil,
yield through the year, and land performance in comparison to other farms in the
county.
As you look to educate the importance of farmland and the value it holds, check out
the resources that Tillable offers to set goals for strategic execution of your farm
plan.
(Sources)
Why Farmland is a Great Investment – Tillable
What To Do With Inherited Farm Land – Tillable