An ag economist says farmland prices are showing no signs of slowing down. Ernie Goss with Creighton University says prices have expanded for 51 straight months. “With other opportunities out there not as strong, farmers are buying up their neighbors’ properties when the property... Read More.
A farm real estate professional sees parallels between current farmland prices and the market a decade ago. Paul Schadegg with Farmers National Company says the runup in values reminds him of what occurred from 2012 to 2014. “If you look back through history, we have... Read More.
Farmland values seem to be maintaining a common theme to begin the year. Farmers National Company senior vice president of real estate operations Paul Schadegg says the market remains resilient. “In spite of all the headwinds we’ve seen with declining commodity markets and interest rates... Read More.
Minnesota Farm Bureau wants to make sure green energy projects don’t take out productive farmland. President Dan Glessing says the organization supports solar and wind as alternate sources. “However, we don’t want to see those solar panels placed on prime farmland. We do have... Read More.
The president of Nebraska Farmers Union says he’s concerned about the large farmland purchases that the Mormon church has been making in the state. The Church of Jesus Christ of Latter-day Saints has bought nearly 370,000 acres of Nebraska agricultural land in recent years,... Read More.
American Farmland Trust has developed a guidebook for farmers and their advisors to compare carbon market programs. Water Initiatives Director Michelle Perez tells Brownfield reduced tillage, cover crops, and nutrient management are the most incentivized practices. “The recent agricultural carbon markets really started around 2016,... Read More.
An ag economist says farmland prices continue to increase across the Corn Belt. Ernie Goss is with Creighton University. “The remarkable part is even though farm income is down and farm commodity price are down, farmland prices are up and still continue to grow,”... Read More.
A certified appraiser in southeast Minnesota calls the farmland market stable. Nick Reps with Compeer Financial tells Brownfield since 2020, land prices have risen 40 to 60 percent. “Sales have probably kept pretty stable I would say recently in terms of volume, and in terms... Read More.
The President of the Indiana Farm Bureau says work is underway to study the economic impact of farmland and what its potential loss means for rural areas. Randy Kron tells Brownfield their organization is working with industry partners and researchers to better understand... Read More.
The president of the Ohio Farm Bureau says there’s a fine line between farmland preservation and protecting property rights. Bill Patterson says, “One would think they are the same thing, but they’re not.” He says outlining the organization’s policy on the issue is one... Read More.
Legislation updating Wisconsin’s farmland preservation program has been signed into law. State Senator Patrick Testin from Stevens Point co-authored the legislation with Representative Loren Oldenburg. He says, “Wisconsin has been a leader in this program going back to the 1970s, but the problem... Read More.
Investors are looking to acquire farmland in north-central Illinois. Compeer Financial certified appraiser Nicole Schaefer works out of Ottawa and says tracts continue coming up for sale. “With a lot of it lately we’ve been seeing investors come in the market, so that typically drives... Read More.