10 Semi-Finalist Teams Advance in Ag Innovation Challenge

Sep 14, 2022

The American Farm Bureau Federation, in partnership with Farm Credit, continues its focus on advancing agricultural innovation by supporting start-up business from across the nation. AFBF and Farm Credit today announced the 10 semi-finalist teams in the 2023 Farm Bureau Ag Innovation Challenge.

“The future of agriculture depends on innovative solutions to the challenges that we’re facing today,” said AFBF President Zippy Duvall. “The entrepreneurs behind the start-up companies we’re recognizing are committed to helping rural communities and supporting farmers and ranchers in their mission to provide the food, fuel and fiber we all rely on.”

The competition provides an opportunity for individuals to showcase ideas and business innovations in agriculture. This is the ninth year of the Challenge, which was the first national business competition focused exclusively on rural entrepreneurs launching food and agriculture businesses.

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Video: Cheapest States to Buy Farmland in America

The United States has more than 895 million acres of farmland, which includes all rural land tied to farming operations, from highly fertile Midwest cornfields to vast grazing ranges in the West, as well as the undeveloped rural land, which is often sold as ranches, homesteads, or uncultivated lots. Nowadays investing in rural land is very lucrative even billionaires like Bill Gates, Jeff Bezos, and Warren Buffett have bought up thousands of acres of farmland across America. In contrast to investors, agricultural companies, and business moguls, some buy farmland for their own requisites, like starting a small farmstead, creating a cottage, and becoming self-resilient. In this video we have ranked the top cheapest states to buy farmland according to the per-acre land value, which is accumulated from the United States Department of Agriculture. The USDA’s per-acre land values come from an annual survey, which is cross-checked with actual sales data, appraisals, and market trends to ensure accuracy. So here are The top Cheapest States to Buy Farmland.