Aging farmers leave uncertain future
BLUE GRASS, Iowa More Iowa farmers are getting older. And, experts says the graying trend is reshaping how farm land is owned and the future of farming.
A 2002 survey by Iowa State University shows nearly 75 percent of Iowa’s farm land is owned by farmers 55 years and older.
Iowa is hardly unique, and few expect the trend will reverse any time soon.
Experts attribute it to a variety of factors, but one of the biggest is the lack of younger farmers. Experts says it’s tough to get in the business, especially with soaring land values and operating costs, competition from large-scale operations, tax hurdles and market forces.