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Across the Midwest, values are up 23% from a year ago. Rents on Iowa farmland have surged 10.22% so far this year. And more oppo
Across the Midwest, values are up 23% from a year ago. Rents on Iowa farmland have surged 10.22% so far this year. And more oppo
admin
2022-12-09
123
问题
Across the Midwest, values are up 23% from a year ago. Rents on Iowa farmland have surged 10.22% so far this year. And more opportunity is on the way. More than 40% of farmland is owned by people older than 65, so hundreds of millions of their acres will transfer to new owners in the coming years.
That’s good news for real estate brokers, but a challenge to would-be farmers, who consistently cite the high cost of land as their greatest barrier to entry. That’s not just a rural problem. During the early days of the COVID-19 pandemic, supermarket shelves went empty due in part due to farm-industry consolidation. Smaller, innovative and more productive farmers are a means of counteracting the trends that led to those shortages. But to do it, they need land.
New and beginning farmers (a formal category defined by the US Department of Agriculture as operating a farm for 10 years or less) naturally trend younger than established ones. And like younger, entrepreneurial people in any profession they tend to be more open to new ideas and products.
For example, new and beginning farmers are less likely to grow grains and oilseeds—the most common US crops—than older farmers. Interest in climate-friendly farming appears high among younger farmers and organizations representing them.
New and beginning farmers tend to operate on a smaller scale, using one-third less acreage to generate a similar proportion of revenue.
But smaller, in modern agriculture, isn’t always better. Over the last three decades, agricultural production has become heavily consolidated, providing big producers with cost efficiencies and marketing advantages. Those advantages manifest themselves in several ways, including increasingly centralized food procurement channels not available to small farmers. That works out well for consumers—until a crisis hits and knocks out a major producer or two. The pandemic was one such shock.
The Agriculture Department released a report examining the US food chain. The first listed priority is addressing concentration and consolidation in food production, manufacturing and distribution. A key means for doing so is boosting local and regional food networks, such as farmers’ markets that provided a safety net to consumers and producers during the pandemic.
Around 23% of beginning farmers sell through regional and local markets. Working in parallel with other less established farmers, they are the vanguard for a food sector that’s adapting to climate change and changing consumer tastes. However, they rent more and own less land than their veteran counterparts. Today’s surging land prices make the challenge more difficult.
To encourage them, the federal government is proposing to begin scoring banks on how well they extend credit to new and beginning farmers. Its rule would encourage lending. Meanwhile, Congress should consider measures that will encourage retiring farmers to sell their land to new ones.
None of these measures could produce an immediate uptick in land ownership by younger and beginning farmers facing record land prices. But over time, they could help grow the next generation of resilient and productive farmers.
According to Paragraph 2, the increase of farmland values________.
选项
A、has picked slower pace in Iowa
B、could result in farm consolidation
C、poses a great challenge to farmland dealers
D、discourages new farmers from accessing the market
答案
D
解析
细节题。根据题干可定位至第二段。第一句提到,a challenge to would-be farmers, who consistently cite the high cost of land as their greatest barrier to entry (对未来的农民来说是个挑战,他们一直认为土地的高成本是他们进入市场的最大障碍),因此D项正确。A项属于主观臆断,第一段第二句提到,爱荷华州农田的租金已经飙升了10. 22%,且还有更多机会增长,并未提到土地价格在爱荷华州增长较慢,故排除该选项。B项属于主观臆断,第二段第三句提到,超市的货架变得空空如也,部分原因是农业行业的整合,却未提到农业土地的价格上涨导致农业合并,故排除该选项。C项属于是非混淆,第一段第一句提到,That’s good News for real estate brokers(这对房地产经纪人来说是个好消息),故排除。故本题答案为D项。
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0
考研英语二
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