USDA's Economic Research Service (ERS) recently published a report analyzing the trends in U.S. farmland ownership and land tenure drawn from USDA’s 2014 Tenure, Ownership, and Transition of Agricultural Land (TOTAL) survey. Amongst other findings, the report shows that one in three acres in the U.S. is rented, and that most (80%) of the land rented is owned by landlords who are not actively involved in farming. We know 10% of the farmland will transition over the next five years. "However, the vast majority of these land transfers are projected to occur through gifts, trusts or wills – meaning that many young and [...]