U.S. Farm Succession Plans and the Process of Transferring Land Ownership

  title={U.S. Farm Succession Plans and the Process of Transferring Land Ownership},
  author={J. Michael Harris and Ashok K. Mishra},
Using the 2013 Agricultural Resource Management Survey (ARMS) and 2014 TOTAL survey data we find that nearly 30 percent of U.S. farm businesses have a succession plan and forty percent of the designated successors are family members. Twenty-one percent of ARMS farms indicate they will retire in 5 years and 38 percent of these farm businesses plan to turn over management and operation of their farm business but retain some ownership. Only 19 percent will sell and 15 percent will rent. The TOTAL… 
What is Private Land Stewardship? Lessons from Agricultural Opinion Leaders in North Carolina
The development of private land is a significant conservation concern globally. To conserve the ecosystem services associated with private lands, conservationists must understand landowner


Motives for Private Income Transfers
  • Donald Cox
  • Economics
    Journal of Political Economy
  • 1987
Private income transfers are becoming increasingly recognized as a key aspect of the U.S. economy. The majority of private income transfers occur inter vivos (i.e., between living persons), but very
Iowa Farm and Rural Life Poll: 2015 Summary Report
Iowa State University Extension and Outreach publications in the Iowa State University Digital Repository are made available for historical purposes only and may be inaccurate, out of date, incomplete and/or may not meet the needs and requirements of the user.
Older Farmers and Retirement,” unpublished report to the Rural Industries Research and Development Corporation, Canberra ACT, Australia
  • Structure and Finances of U.S. Farms: Family Farm Report,
  • 2014
Gordon , and Renea Miller , “ Iowa Farm and Rural Life Poll , 2014 Summary Report Motive for Private Income Transfers