February 2023 Wallace’s Farmer “MarketPlace Extra”
For the first 3 years of the current decade, I would suggest low interest rates, high commodity prices, and an incredible appreciation in land values, as the main themes thus far. Will these themes hold through decade-end and into the future?
January 2023 Wallace’s Farmer “MarketPlace Extra”
Can the strength in land values continue?
Sustainability - What Does It Mean?
From our perspective, sustainability is a word that incorporates three different aspects of farmland ownership, Environmental Sustainability, Generational Sustainability, and Economic Sustainability.
Farmland Value Update
Recent land sales continue to reflect overall strength (and depth) in the marketplace. This strength is supported primarily by a still strong commodity price environment, while the depth of market is supported by a generally healthy ag sector.
For 2022 the stage was set for expectations with the annual USDA March Planting Intention Report. It was anticipated that the planted acres could shift substantially from the previous year.
Keeping the Farm in the Family
With a farming operation that dates back a couple hundred years, Bob Winders recognizes the importance of keeping the farms in his family. “It’s a special family connection,” explained Bob. “It’s a part of our family history that dates back a long way, so one of our goals has always been to try and keep the farms in the family.”
December 2022 Wallace’s Farmer “MarketPlace Extra”
In talking with many producers, both corn and soybean yield results were slightly above pre-harvest expectations. The mostly above-expectation yields should translate into a very profitable year for Iowa agriculture.