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Most farmers in good financial shape

An agricultural banker says most farmers will enter the growing season in good financial shape.  Commodity prices are not ideal, and margins are tight, but ag banker Daniel Duthie with Bremer Bank tells Brownfield most farmers are in good financial shape. “We’ve... Read More.

Farmland values remain strong despite financial headwinds

Midwestern farmland values remain strong despite a weakening ag economy. Compeer Financial director of appraisal Adam Schmidt says a dramatic increase in interest rates should put downward pressure on the land market. “Land is more expensive to finance, that investor category has other attractive alternative... Read More.

Financial performance for many farms better than expected in ’23

Farmers are more confident in their farms’ financial performance according to the latest Purdue University/CME Group Ag Economy Barometer.  Ag economist Jim Mintert, director of the Center for Commercial Agriculture, says the Farm Financial Performance Index has risen 11 points since before harvest. “A... Read More.