Farmers offered $1,000 or more per acre for solar farm installations

Farmers offered $1,000 or more per acre for solar farm installations

More farmers are in talks with companies to have solar panels installed on their farms, according to the latest Purdue University/CME Group Ag Economy Barometer. 

Ag economist Jim Mintert with Purdue’s Center for Commercial Agriculture says in the last six months 19% of farmers have had a discussion about leasing their farmland for solar energy.

“Are more farmers interested in trying to lease their farmland out for solar energy production? Or is it more demand-driven in the sense that there are more companies out there expressing interest?