Published:
Views: 2816

Farmland: Bigger is Better in South Dakota

Nationwide, 98 percent of farms are family owned; however, the average South Dakota farm is triple the size of the average American farm — and growing larger. Currently, only farms in Montana, New Mexico, and Wyoming exceed South Dakota’s 1,366-acre

FarmlandSD_l

Nationwide, 98 percent of farms are family owned; however, the average South Dakota farm is triple the size of the average American farm — and growing larger. Currently, only farms in Montana, New Mexico, and Wyoming exceed South Dakota’s 1,366-acre average. “There are some farms that are incredibly large, and they’re still family operations,” says Alvaro Garcia, professor and director of South Dakota State University’s Agriculture and Natural Resources Program. More than 50 percent of South Dakota farms have sales of less than $100,000 a year. According to South Dakota State University Professor Matthew Elliott, it’s likely that the owners of such operations have a job in town or are farming on the side. Statewide, South Dakota lost 600 farms in the smallest sales class — those selling less than $10,000 a year. “Smaller operations, in order to remain profitable, tend to expand. The big ones also tend to expand,” Garcia says. Overall, half of U.S. farms have sales of less than $10,000 a year.

Click here to read more.

Posted in Agriculture, Cattle, Farming, Feature, Great Plains, News Desk, South Dakota

EMAIL SIGNUP

Please sign me up to receive breaking news and updates from the Land Report!

Latest Tweets

News By Region

The Land Report | 2019 America's Best Brokerages
The Land Report is proudly partnered with: Hall and Hall Bates Land Consortium Mossy Oak Properties United Country Real Estate Live Water Properties Fay Ranches Inc. Mirr Ranch Group californiaoutdoorproperties.com Whitetail Properties TerraStone Land Company Hayden Outdoors Real Estate Western Ranches LandLeader

Contact to Listing Owner

Captcha Code
Pacific West Great Plains Great Lakes Midwest Southwest South Northeast Pacific West Great Plains Great Lakes Midwest Southwest South Northeast