Nate Lewis and Melissa Barker knew that Oyster Bay Farm was for them. “It ticked all the boxes,” says Lewis. Situated in Olympia, Washington along the shores of Puget Sound, the fertile land and waterfront views make the farm an ideal spot.
There was just one problem: Lewis and Barker could not afford to buy the farm or the land on which it sits—that is, until they worked with an agricultural land trust.
Land trusts are legal agreements administered by non-profit conservation organizations or, in some instances, government bodies that work to conserve agricultural land in perpetuity.
Without farmland to grow crops or ranchland for livestock, we don’t eat. Conserving farmland underpins a stable local food supply. Without agriculture, jobs are lost; 22.1 million full- and part-time jobs were related to the agricultural and food sectors in 2022, which equals 10.4 percent of the total US employment. Keeping farmland in farming is crucial for our food supply and food security, and it’s why the American Farmland Trust (AFT), a national conservation organization, advocates for keeping farmers and farmland together.
The ATF predicts that more than 300 million acres of farmland and ranch land could change ownership within the next two decades, with some of it transitioning out of agriculture use permanently. As retiring farmers exit the field, they are looking to the equity they’ve built up in their land on which to retire. That can be a significant sum, something that young or new farmers may not be able to afford. (According to the USDA’s 2022 Census of Agriculture, farmers under the age of 35 account for only nine percent of all producers.) But real estate developers can afford it.
“Between 2001 and
Read more on modernfarmer.com