Richard Canfield

About the Author

Richard Canfield is a seasoned agricultural economist and family farm advocate with over three decades of experience in rural finance and sustainable farming practices. Born and raised on a modest Midwest farm, he witnessed firsthand the challenges of generational land ownership and the pitfalls of traditional lending. Canfield's expertise stems from his roles as a consultant for agricultural cooperatives and a lecturer at agricultural colleges, where he emphasizes innovative financing strategies to empower farmers. In his seminal work, 'Growing Your Own Capital: Control How You Finance the Operation, Create the Ultimate Line of Credit, and Keep the Farm in the Family,' he demystifies self-financing methods, offering practical tools for farmers to build wealth without relinquishing control. A passionate advocate for rural resilience, Canfield continues to write and speak on preserving agricultural legacies amid economic uncertainties.