Ontario Invests in Research to Support Farmers

Mar 16, 2023

The Ontario government is investing more than $343 million over five years to support agri-food research and innovation.

Announced Wednesday, the funding will be used for research focusing on food safety and animal welfare and support the development of a highly skilled workforce that will lead to more economic growth opportunities for the agri-food sector, a provincial release said. The investment is being made through a new agreement with the Ontario Agri-Food Innovation Alliance - a collaboration between the province, the University of Guelph and the Agricultural Research Institute of Ontario.

The renewal of the Alliance for an additional five years builds on the success of the government’s previous agreement, which it said increased Ontario’s GDP by $1.4 billion and supported more than 1,300 jobs.

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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.