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Farmers turn to land-based income as crop prices plunge
The shift reflects expectations that most U.S. farmers will lose money this year as crop prices fall.
The New York Times Business reports that many U.S. farmers are facing the prospect of losing money this year as crop prices plunge.
With revenue from growing crops under pressure, more landowners and investors are looking to generate returns from the land itself rather than from what is planted.
The article frames the trend as a way to stay afloat when agricultural commodity prices make traditional farming income harder to sustain.