If you are farmland owner, you may soon receive the Tenure, Ownership, and Transition of Agricultural Land (“TOTAL”) survey from the USDA.
TOTAL is, per the USDA, like the landowner version of the Census of Agriculture. It will cover land ownership income, debt, assets, demographic, and other landlord characteristics, as well as information on those renting the land.
The survey results will be released in August 2015. The results will allow both landowners and tenants to negotiate fair rental prices as well as gain a deeper understanding of the market and its trends.
If you receive a survey, please take the time to fill it out. Information such as this is important for all individuals interested in agriculture. So let your voice be heard!