370 - Land Rich, Cash Poor — Why America’s Small Farms Are Going Away & What To Do About It

The Business of Agriculture Podcast

The number of farming operations in the U.S. has dipped below 2 million for the first time since we became a developed nation. Peak farm — meaning the year we had the most operations — occurred in 1935 when we had 6.8 million farms with a farming population of 32 million. Of a national population of approximately 128 million, that means one in four Americans farmed.

Today, a few more than 3 million (about 1% of our current population) operate 1.9 million farming operations. Approximately five percent of America’s farms shut down or exit the business each year. Why do smaller farming entities close up shop? Is the trend reversible? Does it matter to our food system, our customers, or our national psyche? Brian Reisinger, author of Land Rich, Cash Poor joins Damian Mason for a lively discussion about Agricultural consolidation, the reasons for it, and what can be done to retain smaller farming operations. The big question: Does it matter or is consolidation just the natural flow of a maturing industry?

The Business of Agriculture Podcast with Damian Mason is Sponsored by: Pattern Ag pattern.ag Redox Bio-Nutrients redoxgrows.com Truterra truterraag.com

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