- “only 23 percent of Iowa farmers plan on retiring, and 30 percent say they never will”
- “for every 10 farmers that want to get into farming, only one is getting out”
- “more than 70 percent haven’t identified a successor despite the high interest in the occupation, because for many, farming is more than simply a career. It’s a lifestyle that retirement will completely disrupt”
Source: “Iowa Farmers Business and Transfer Plans” (PM 2074) by Ethan Epley, Michael Duffy and John Baker of the Beginning Farmer Center at Iowa State University, Iowa State University Extension Online Store, https://www.extension.iastate.edu/store/ or (515) 294-5247.