The $24 Trillion Farmland Transfer: Seize the Opportunity for Everyday People
Key insights
- 💰 24 trillion in farming assets to transfer hands over the next 20 years
- 🏦 Investment conglomerates approaching small farmers to buy their land
- 🌾 Encouragement to start farming or homesteading
- 🔍 Farmland investment opportunities may not be listed on conventional platforms like Zillow
- 🤝 Farmers are open to creative land rental arrangements
- 🥕 1/8 acre is enough to grow all the food a family needs
- 👨🌾 Preference for everyday people to buy farmland instead of corporations
- ✍️ Direct communication and engagement with farmers can lead to favorable leasing agreements and terms
Q&A
How much land is needed to grow enough food for a family, and what has the speaker done with their farmland?
The speaker suggests that only 1/8 of an acre is needed to grow all the food a family could ever need. They have purchased 6.74 acres of farmland, cleared about 1.5 acres, and left 5 acres wild. Additionally, they have gained knowledge about pollinators, local plants, and native species, and are encouraging others to join the 'land revolution' by exploring similar initiatives.
How can one approach farmers for land rental arrangements, and what are the advantages of doing so?
Farmers are open to creative land rental arrangements, and it is suggested to personally approach them rather than going through banks. This approach allows for exploring various possibilities, visiting farmlands, meeting owners, and discussing future land plans, potentially leading to mutually beneficial rental agreements.
What are some investment opportunities related to farmland, and how can financing be obtained?
Investing in farmland can present various opportunities, particularly for properties not listed online. Financing for farmland purchases can be obtained through options like Farm Credit. Additionally, direct engagement with farmers can lead to leasing agreements with favorable terms, providing potential avenues for investment and collaboration.
Where can farmland be found for sale, and how can one go about searching for it?
Farmland for sale can be found, for example, on platforms like Zillow by filtering for rural land outside city centers. This presents an opportunity for individuals interested in farming or homesteading to explore available farmland and initiate the process of acquiring it.
How are investment conglomerates impacting small-scale farming?
Investment conglomerates are approaching small farmers to buy their land as they approach retirement, leaving the farmers feeling exhausted and in debt. This trend is resulting in the acquisition of American farmland by investment firms, thereby significantly impacting small-scale farming.
What is the significance of the 24 trillion dollar wealth transfer in farming assets over the next 20 years?
The transfer of 24 trillion dollars in farming assets is due to the retirement of older American farmers, leading to the potential sale of farmland. This transfer could impact everyday people, making it preferable for them to buy the farmland instead of corporations and foreign entities in order to preserve local ownership and influence.
- 00:00 A large wealth transfer of farming assets, worth 24 trillion, is set to occur over the next 20 years as older American farmers retire. The transfer could impact everyday people, as it's better for them to buy the farmland instead of corporations and foreign entities.
- 00:58 Some investment conglomerates are quietly approaching small farmers to buy their land as they approach retirement, leaving the farmers feeling exhausted and in debt. American farmland is being snatched up by these firms, impacting small-scale farming.
- 01:46 Now is the best time to start farming or homesteading as farmland is available for sale; the speaker found their farmland on Zillow by filtering for rural land 20 minutes outside a city center.
- 02:46 Investing in farmland can be an opportunity, especially for properties not listed online. Farm Credit can be a viable option for financing. Direct engagement with farmers can lead to leasing agreements with favorable terms.
- 03:42 Farmers are open to creative land rental arrangements, and it's better to personally approach them than go through banks. Visit farmlands, meet owners, and explore rental possibilities.
- 04:40 You only need 1/8 of an acre to grow all the food your family could ever need. The speaker has bought 6.74 acres of farmland, cleared about 1.5 acres, and left 5 acres wild. They have learned about pollinators, local plants, and native species. The land revolution has begun.