We had a centennial farm in my family until about 8 years ago. In the day it was pretty good size, but it didn't expand for many years. Farm land goes up for sale very infrequently, and the economics of buying land even 10 miles from your main operation get very bad very fast with slow equipment and logistics.
Ultimately the farm was too small to be super profitable at about 600 acres (640 in a square mile). It was corn and soybeans, primarily to feed the cattle and hogs. They really couldn't make the economics of splitting between the co-owners, so one bought the other out.
The other operations in the area are 1000+ acres, many 2-3000.
Ultimately the farm was too small to be super profitable at about 600 acres (640 in a square mile). It was corn and soybeans, primarily to feed the cattle and hogs. They really couldn't make the economics of splitting between the co-owners, so one bought the other out.
The other operations in the area are 1000+ acres, many 2-3000.