Expect a continuation of farm consolidation in next decade.
A look into the 10-year crystal ball by one agriculture economist shows large-acreage crop farmers with even larger operations in 2020. Purdue University’s Mike Boehlje will present a variety of predictions at the upcoming Indiana Certified Crop Advisor Conference.
Boehlje expects a continuation of the farm consolidation that’s been happening since at least 1980.
"If you look at farms with 1,000 acres or more, that comprises about 6% of the farmers. They already operate about 40% of the farmland and they're growing their acreage by about 6-7% each year," Boehlje says. "If you project out 10 years, what you'll find is that 5-6% of the farmers will probably be operating about 50% of the acreage."
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