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NC Farmland In <br />Transition <br />nd Link" Concept <br />IM <br />Our Aging Farm Population <br />■ 35% of NC farmland operated by <br />farmers over age 55 <br />■ 36% of farmers who list farming as <br />their principal occupation are aged 65 <br />or older <br />■ Less than 5% of farmland operated by <br />farmers under age 35 <br />Farmland Transition Obstacles <br />Facing Retiring Farmers <br />• Lack of Estate Planning <br />• Lack of an heir who is interested in <br />farming <br />• Too many heirs <br />• Value of farmland for development <br />am <br />1 <br />