According to a LawnStarter study, Kentucky, Oklahoma and North Dakota are ranked as the best states to start farms in 2021. At the other end of the spectrum, Maine and Connecticut were ranked 50th, 49th, and 48th, respectively, suggesting that farms or ranches are relatively less enticing to begin with.
LawnStarter compared all 50 states in 44 states to rank the best states to start a farm or ranch. Measuring them based on available infrastructure, prevalence, environmental factors, cost and potential returns of cultivation in each state.
Best state to start farm in 2021
The US agricultural industry forms a major part of the economy. Agriculture, food, and related industries contributed $ 1.109 trillion to the US economy in 2019, accounting for 5.2% of the nation’s income.
Other findings of the study include:
- Kentucky leads all states because it has very fertile land, which ranks high in prevailing categories such as state territory and share of family-owned farms.
- Wyoming, Montana and Nevada lead the nation with the largest average farm size, while New Hampshire, New Jersey, Connecticut, and Massachusetts have the smallest average farms.
- Nine of the top 10 states that are great for starting a farming business are either completely or partially located within the central Great Plains. States such as Kansas, Oklahoma, and Texas boast a good growing climate combined with affordable land, a highly developed infrastructure for farmers and rural residents.
- While the Deep South is known as an agricultural destination, many states, such as Louisiana and Alabama, are ranked middle to low on the list. Fare well in both states
- When we move west, California performs surprisingly poorly in studies. While the No. 1 agricultural state when it comes back to investment, the Golden State also ranks as the worst state for cost metrics, with the highest average spending per farm output of any state.
Unlike many states there are competing metrics that cancel each other out: high populations and crop yields can lead to equally high land prices and less available land. Kentucky sits in the middle as the best state for new farmers and farmers.
However, the South is inferior in terms of infrastructure and agro-friendliness. Louisiana has a lower number of new farms than any other state in the past year, with a significant decrease.
Setting up a small new farm or ranch in an already crowded corporate area can prove even more difficult. California ties with some other states for the lowest share of family-owned farms. California can be an excellent place to grow food, but it is far from the best state for your growing agribusiness.
Made in farming
Investment in farms has been attractive in recent years. The Department of Agriculture estimates net agricultural income in the US to reach $ 134.1 billion in 2020. With the steady rollout of innovations in recent years, modern farmers and wrenchers have more and more opportunities to expand in their fields.
The states with the highest average farm income in the study are California, Arizona, North Dakota, and Connecticut. While low-income people are brought to West Virginia, Tennessee and Alabama.