Agriculture This Week: Transforming ag: The search for new crops

Jul 07, 2023

Agriculture, like most business sectors, spends a fair amount of resources, both cash and time, seeking what might be the next big thing.

It’s not an easy find in terms of crops for Canadian Prairie Producers.

There are a number of core obstacles to overcome, starting with of course the growing conditions here.

Producers might well wish to add field corn or soybeans to their rotations, but conditions here are not optimum for growing either crop.

So what has to take place is considerable effort in terms of plant breeding trying to create varieties that will produce under conditions here to a level where they are not just profitable in terms of the input of the crop itself, but competitive with long term crops already grown.

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Video: Cheapest States to Buy Farmland in America

The United States has more than 895 million acres of farmland, which includes all rural land tied to farming operations, from highly fertile Midwest cornfields to vast grazing ranges in the West, as well as the undeveloped rural land, which is often sold as ranches, homesteads, or uncultivated lots. Nowadays investing in rural land is very lucrative even billionaires like Bill Gates, Jeff Bezos, and Warren Buffett have bought up thousands of acres of farmland across America. In contrast to investors, agricultural companies, and business moguls, some buy farmland for their own requisites, like starting a small farmstead, creating a cottage, and becoming self-resilient. In this video we have ranked the top cheapest states to buy farmland according to the per-acre land value, which is accumulated from the United States Department of Agriculture. The USDA’s per-acre land values come from an annual survey, which is cross-checked with actual sales data, appraisals, and market trends to ensure accuracy. So here are The top Cheapest States to Buy Farmland.