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One of the things these "farmers" are doing is leasing their land to corporate farm industries who do the actual farming. The ones that run their farm operations around here are, as you said, huge. Gone are the red barns and they are replaced with 100k sq ft buildings holding 10s of millions of dollars worth of machinery and many have their own giant holding/drying silos so they can play the commodities market.

Another thing that is going on is real estate. Indianapolis, like many medium sized or so Midwest cities are now bleeding directly into the farmland and absorbing the once small farming communities around it with suburban sprawl. Many of these large farmers also carry huge lines of credit when needed capable of borrowing millions. I have been seeing a surge over the last 10 years of farmers within an hour or so of downtown blocking out a couple of acres out of say 1k, getting a zone variance for residential and building huge 6,7,8k sq ft multi million dollar monstrosity "castle" like homes and selling them for god knows how much profit. These things are ugly as hell and so out of place. Every one with a 4 car garage, a mini barn, a Kubota to cut the grass, maybe even an acre for a couple of horses for these nickel millionaire fucks who move into them. I mean every city of this size or larger has some bit coin millionaires just salivating to live the lifestyles etc. Average Joes who basically hit the lottery (I personally know one who held on to 30 bitcoin until he retired and bought one of these things for 2 million cash down the road from me). These aren't subdivisions mind you, most of these rural counties have hard zoning laws on how much land must be used for far/grazing/green space in order to qualify for State and Federal tax advantages. This is especially going on in the county to the North of Indy which has the highest concentration of millionaires in the state and is 75% farm land (Home of the Hitler Youth Moms for Liberty flyer).

If I had it to waste and could bet, I'd bet these places will be empty and falling down 10-20 years just like the remnants of the small family farms of yesteryear scattered around the country here. It sickens me to no end and reminds me of modern day feudalism.