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Don’t Own Croplands By Bill Humphries NCSU News Bureau
In North Carolina and nationwide many farmers lease land rather than own it, using capital for machinery to expand. About 13 percent of U S farmers were tenants, with 25 percent owning some land but leasing more. Leasing aids young operators and expansion, while land values rise and tax rules affect rents.
MENTIONED IN THIS ARTICLE
Bill Humphries
NCSU
Raleigh
U.S
Allgood
North Carolina
Tar Heel
Mary T. Holcomb