If you’ve always dreamed of owning a farm or you wish to swap the concrete jungle for rolling pastures, the U.S. agriculture industry is sure to welcome you. Over the last 85 years, farming has declined. In 1935, there were nearly 7 million farms in the U.S. Today, there are about 2 million. And almost two-thirds of these are managed by an aging farming population.
America needs more farmers, especially younger farmers. Fortunately, as sustainable living becomes more attractive to the younger generation, many seeking a simpler purer life are turning to farming. According to the National Young Farmer Survey, more young people under the age of 40 are starting farming businesses.
If you’re thinking of starting a small farming business, here’s what you need to consider.