How much land do farmers rent, versus own? See the results of a recent Farm Journal Pulse.
In farming today, leasing land is a popular and profitable option. But, what is the common ratio of rented versus owned land?
According to a recent Farm Journal Pulse, only 10% of the more than 1,400 respondents own all their land. Slightly more than 40% rent more than 60% of their acreage.
Here are the results:
What percentage of your acres do you rent?
- 1-20%: 13%
- 21-40%: 13%
- 41-60%: 20%
- 61-80%: 22%
- 81-99%: 11%
- 100%: 10%
- None: 10%
Click the map below to see how people responded:
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