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Cliff Love's avatar

So if the 1980's farm crisis was the reason for the downtick in farmers age 45-54 then would not the next youngest age bracket be the recipient of the downturn? If so, then why do we not see a strong uptick in that age group? Maybe I'm missing something. I think what you will see moving forward is a slight uptick in younger farmers, but the largest majority of farm acres that transition will transition to existing farmers.

I am in the farm supply industry and farms in our state that do go out of business almost always sell to an existing farm. There are several reasons for that. It takes time to get a large enough line of credit and the farmer that is liquidating doesn't want the hassle of having multiple buyers and multiple legal transactions. Plus, existing farmers have long social relationships with their neighbors.

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