Dry Weather Tempers Outlook in Western Corn Belt
Land values remain high in the Kansas City Federal Reserve district, although, drought conditions are moderating the pace of growth, according to the third quarter bank survey released in November.
Land Values End 2022 at Record Levels – 2023 May Look Different
Headline-grabbing land sales, historically strong grain prices, and solid crop yields pushed land values to record prices in many, if not most, areas in 2022. What will 2023 look like in comparison?
Record Land Values – Is This Setting Up For A 1980’s Repeat?
The most dramatic crash in Midwestern farmland values occurred in the mid1980s. Are we setting ourselves up to repeat that fall?
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?
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 - Winter 2022
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.