Farm Landlords Make Billions

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There are 911 million acres of land dedicated to farming in the Continental United States.
A third of that is owned by non-operating land owners, according to a new USDA report. Twenty-one percent are held by individuals or partnerships, about 191 million acres, half of those are prior farmers. Ten percent of farm land is owned by corporations or trusts, about 92 million acres.
Non-farming landlords make up about 80 percent of rented farmland.
Combined, rented land and buildings are valued at more than a trillion dollars. In 2014, landlords earned $31.2 billion in rental income with expenses of $9 billion.