Changing Demographics: Impacts on Delivering Technical and Financial Assistance at the Field Level...
-
date post
21-Dec-2015 -
Category
Documents
-
view
212 -
download
0
Transcript of Changing Demographics: Impacts on Delivering Technical and Financial Assistance at the Field Level...
Changing Demographics:Changing Demographics:Impacts on Delivering Technical and Impacts on Delivering Technical and
Financial Assistance at the Field LevelFinancial Assistance at the Field Level
It’s the Water WorkshopIt’s the Water Workshop
Hannibal, MOHannibal, MOSeptember 15, 2005September 15, 2005
Michael DuffyMichael DuffyIowa State UniversityIowa State University
OutlineOutline
Changing farm demographicsChanging farm demographics Changing farm land owner demographicsChanging farm land owner demographics ImplicationsImplications Questions and discussionQuestions and discussion
Percent of IA Farms and Sales by Sales Class, 2002
0%
5%
10%
15%
20%
25%
30%
< $1
,000
$1 to
$2,
499
$2.5
to $
4,99
9
$5 to
$9,
999
$10
to $
19,9
99
$20
to $
24,9
99
$25
to $
39,9
99
$40
to $
49,9
99
$50
to $
99,9
99
$100
to $
249,
999
$250
to $
499,
999
$500
to $
999,
999
> $1
M
Percent of IA Farms and Land by Sales Class, 2002
0%
5%
10%
15%
20%
25%
30%
< $1,000 $1 to$2,499
$2.5 to$4,999
$5 to$9,999
$10 to$24,999
$25 to$49,999
$50 to$99,999
$100 to$249,999
$250 to$499,999
$500 to$999,999
> $1M
Farms Land
Percent of Iowa Farmers Under 34 or Over 70 Years of Age by Sales Class, 2002
0%
5%
10%
15%
20%
25%
30%
35%
< $1,000 $1 to$2,499
$2.5 to$4,999
$5 to$9,999
$10 to$24,999
$25 to$49,999
$50 to$99,999
$100 to$249,999
$250 to$499,999
$500 to$999,999
> $1M
Under 34 Over 70
Percent of Wisconsin Farmers Under 34 or Over 70 Years of Age by Sales Class, 2002
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
< $1,000 $1 to$2,499
$2.5 to$4,999
$5 to$9,999
$10 to$24,999
$25 to$49,999
$50 to$99,999
$100 to$249,999
$250 to$499,999
$500 to$999,999
> $1M
Under 34 Over 70
Percent of IA Farms by Age Category
0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
20%
Under 25years
25 to 34years
35 to 44years
45 to 49years
50 to 54years
55 to 59years
60 to 64years
65 to 69years
70 yearsand over
Percent of WI Farmers by Age Category, 2002
0%
5%
10%
15%
20%
25%
Under 25years
25 to 34 35 to 44 45 to 49 50 to 54 55 to 59 60 to 64 65 to 69 70 years andover
Percent of MN Farmers by Age Category, 2002
0%
5%
10%
15%
20%
25%
Under 25years
25 to 34 35 to 44 45 to 49 50 to 54 55 to 59 60 to 64 65 to 69 70 years andover
Percent of MO Farmers by Age Category
0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
20%
Under 25years
25 to 34 35 to 44 45 to 49 50 to 54 55 to 59 60 to 64 65 to 69 70 years andover
Percent of IL Farmers by Age Category, 2002
0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
20%
Under 25years
25 to 34 35 to 44 45 to 49 50 to 54 55 to 59 60 to 64 65 to 69 70 years andover
Percent of Iowa Farmers Over 65 and Under 35 Years Old
0%
5%
10%
15%
20%
25%
1959 1964 1969 1974 1978 1982 1987 1992 1997 2002
< 35 > 65
Percent of IA Farms by Days Worked Off the Farm, 2002
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
None Some Over 200 Days
Percent of WI Farms by Days Worked Off the Farm, 2002
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
None Some Over 200 Days
Percentage of MN Farmers by Days Worked Off the Farm, 2002
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
None Some Over 200 Days
Percentage of MO Farmers by Days Worked Off the Farm, 2002
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
None Some Over 200 Days
Percent of IL Farmers by Days Worked Off the Farm, 2002
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
None Some Over 200 Days
Percent of Acres Owned and Rented by State, 2002
0%
10%
20%
30%
40%
50%
60%
70%
80%
IA WI MN MO IL
Owned Rented
Percent of Farms by Tenancy and State, 2002
0%
10%
20%
30%
40%
50%
60%
70%
80%
IA WI MN MO IL
Full Owners Part Owners Tenants
Percent of Farms by Number of Operators
0%
10%
20%
30%
40%
50%
60%
70%
IA WI MN MO IL
1 operator 2 operators > 2
Distribution of Iowa Farmland by Age of Owner and Year
0%
5%
10%
15%
20%
25%
< 25 25-34 35-44 45-54 55-64 65-74 > 75
1982 1992 2002
Distribution of Iowa Farmland by Ownership Type and Year
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
Sole Owners Jointtennants
Tenants incommon
Pertnerships Estates Trusts Corporations
1982 1992 2002
Distribution of Iowa Farmland by Financing Method and Year
0%
10%
20%
30%
40%
50%
60%
70%
80%
Free of debt Under contract Mortgaged
1982 1992 2002
Percent of Iowa Farmland by Residence of Owner
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Iowa Resident Non-Iowa Resident
1982 1992 2002
Distribution of Iowa Farmland by Tenure Type
0%
10%
20%
30%
40%
50%
60%
Owner operator Cash rent Crop share rent Government
1982 1992 2002
Anticipated Method for Transfering Iowa Farmland
0
5
10
15
20
25
30
35
40
Will tofamily
Will toother
Give tofamily
Give toothers
Sell tofamily
Sell toothers
Put intrust
Other DK
Pe
rce
nt o
f Fa
rmla
nd
Who Purchased Iowa Farmland
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
Existing Farmers Investors New Farmers Other
Buyers Use of Farmland Purchased in MO, 2002
0%
10%
20%
30%
40%
50%
60%
Farm themselves Rent Non-ag. Use
Primary Reason for Owning Land in Greene County, Iowa
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
Income Long Term Investment Portfolio Diversification Sentimental
Sources of Information Regarding Property Management Options, Greene Co. Iowa
0%
10%
20%
30%
40%
50%
60%
Mass media Magazines NRCS FSA State of Iowa Extension Farmmanager
Tenant
Best Way to Receive Property Management Information
0%
10%
20%
30%
40%
50%
60%
70%
80%
Direct mailing Fact sheets Radio/TV Newspapers Videos Dealers
Improvements That Have Been Made to the Property
0%
10%
20%
30%
40%
50%
60%
70%
80%
Fences Terraces Tile Removedbuildings
Removedfences
Removedtrees
Installedwaterways
Seededdown steam
banks
Other
Know about Cost-share Programs for Implementing Conservation Practices
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Yes No
ImplicationsImplications
There is a very clear dichotomy with respect There is a very clear dichotomy with respect to farmers; there is a disappearing middle to farmers; there is a disappearing middle and they control most of the land at this timeand they control most of the land at this time
Society will need to decide where to put Society will need to decide where to put scarce dollars and timescarce dollars and time
Part time farmers receive information Part time farmers receive information differently and have different needsdifferently and have different needs
ImplicationsImplications
We can expect more rented acres, mostly We can expect more rented acres, mostly using cash rentsusing cash rents
We can expect to see more land owned by We can expect to see more land owned by non-farmers and those who do not live in the non-farmers and those who do not live in the areaarea
There will be a significant change in land There will be a significant change in land ownership over the next decade; most of the ownership over the next decade; most of the land will not enter the market but stay within land will not enter the market but stay within the familythe family