CEO Commentary: New beginnings

Sep 27, 2024

CEO Commentary by Kelly Somerville

This fall is ushering in some big changes for me and LRIC alike. As I step into the role of CEO of this organization, I am invigorated by the tremendous work LRIC has undertaken and the excitement of projects to come.

In my previous position as Industry Services Manager, I had the opportunity to work closely with Mike McMorris, our outgoing CEO who has just retired, and am so humbled at the prospect of continuing the great work already underway.

The coming months promise to be busy as LRIC prepares to host our International Research Advisory Committee for a two- day in person event September 25-26th. The role of this committee, which includes members from across Canada and internationally, is to bring international perspectives, ideas and practices to the Ontario livestock sector. At this upcoming meeting, the committee will work on developing a strategy for maximizing value from Ontario’s world class livestock research facilities.

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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.