Despite market uncertainty, farmland values continue to show stability across the Midwest, pointing to financial strength in agriculture.
Kirk Manker with Farm Credit Service of America spoke with RFD-TV’s Suzanne Alexander about current land trends, contributing factors, and the market outlook moving forward.
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“The farm economy is, if it isn’t in a crisis, it’s well on its way to one right now.”
Dairy farmers are expected to face strong output and export gains, but lower prices and tighter margins will persist into next year.
With the latest detection just across the border, animal health officials on both sides are intensifying efforts to contain the outbreak before it spreads further north.
The USDA NASS report also confirms lower August placements.