A lot of that fallow land is put into various set-aside programs by excellent managers.
A good manager manages the investment. A farmer farms the investment.
The bad manager does "what they have always done", the good manager does what it takes to generate the best return.
Management isn't just about cash management, it's about managing inputs, crop selection, disease management, harvest timing, sales timing, hedging, customer relations, risk management, and so on.
And a lot of those places are not farmed or ranched now because they went broke for various reasons. I know the families that used to farm or ranch them.
Just curious how many that have all this "management" advice actually make their families' living in that?
