Launching a new business is an overwhelming endeavor, especially when the industry requires making a large investment in real estate and infrastructure. In agriculture, accessing land and infrastructure has become such an incredible challenge for new and beginning farmers across the nation that it is listed as one of the top barriers to for being able to break into the industry.
As a state where agribusiness is the largest industry and there are approximately 5 million acres of farmland, it seems as though this should not be an issue in South Carolina. Yet our state is experiencing the same challenges of aging farmers and loss of farmland documented across the nation. Since 2007, South Carolina has lost 1,326 farms representing more than 43,416 documented acres of farmland. In Charleston County, the number of farms has decreased by 20% in the last four years, resulting in the loss of 12% of the region’s farmland. Even more disturbing, the regional numbers are higher and contrary to the national trends, demonstrating serious concern for our state. You can read more about the local issues in this article from the Charleston City Paper. The loss of South Carolina farmland has been the result of a number of reversible factors – the failure of farm businesses to thrive, absence of planning, the lack of a willing and trained workforce, an aging farmer population, and the absence of a relevant support system and adequate resources.
Often upon retirement, a farmer’s options are limited because they are either unable to continue the farming legacy in their family or they are faced with the reality of needing to sell their farmland to provide for themselves and their families. These farms are often well-established, valuable businesses that demand an experienced farmer with the financial capacity and business acumen to buy-out and operate an existing operation. Unfortunately, this is where a major gap exists across the country. The family farm model has been quietly disintegrating over the last two decades as farm children leave the industry is search of more stable careers and corporate farms or real estate development absorb these operations. New farmers entering the market do not have the capacity to take over larger existing operations and struggle to find the smaller affordable acreage equipped with the necessary infrastructure. Without the support system to facilitate farm transition planning, the results are often devastating for older farming operations and daunting to new ones. Unfortunately, the cries for help from farmers and farming advocates for the need to pro-actively address the aging farming population and loss of farmland were not heard until recent years. As the culture of agriculture began to slowly change, the gap between existing and new farmers began to grow.