▲ | sophacles 4 days ago | |
Right. Most of it is owned by the llc the farmer set up for thier land, and/or the family trust set up to prevent the land from being split into ever smaller parcels by inheritance. | ||
▲ | perardi 4 days ago | parent [-] | |
Yeah, that’s how my farm land is set up. I inherited farm land from my grandfather. I am very much not a farmer, I do not want to live in Southern Illinois, but I don’t want to give up the land, so I rent the land to a farmer with adjacent property. I realize that’s not really the point of this article—this is more about huge firms buying up non-trivial amounts of land. |