Date of Award
BS in Agricultural Business
With half of all current farmers expected to retire within 10 years and entry-level farmers decreasing 30% since 1987, it appears we need to encourage new, entry-level farmers. This case study tracks how a young farmer started his business and the decisions and issues he dealt with along the way. Decisions discussed include whether to rent or lease land, and possible crop-share arrangements, offering custom operations as a way generate revenue and obtain equipment, crop selection and using labor contractors versus in-house labor.