LITTLE ROCK, Ark. (RFD-TV) — Many in the ag sector are drawing comparisons between today’s farmer sentiment and the struggles of the 1980s, as producers face another year of losses. While challenges remain, experts say the picture is not all bleak: farmland values today are much stronger and showing more stability than they did during that earlier farm crisis.
Jeramy Stephens, Director of Auction Services and Land Broker for National Land Realty, joined RFD-TV’s Market Day Report to share his perspective on the economic pressures facing producers and how those factors are shaping the outlook for both farmers and landowners. Stephens pointed to high input costs, tighter profit margins, and ongoing uncertainty in global commodity markets as some of the key pressures weighing on producer confidence.
In an interview with RFD-TV News, Stephens emphasized the importance of understanding your local land market, particularly in a time when interest rates and regional land trends can vary significantly. He explained that understanding these dynamics can help farmers and ranchers make more informed decisions when it comes to buying, selling, or holding onto farmland.
Stephens also offered practical advice for landowners navigating today’s market. He encouraged them to stay informed about current land values in their area, keep strong relationships with lenders and trusted advisers, and be proactive in preparing for potential shifts in the market. Finally, he shared guidance for anyone currently considering buying or selling farmland, stressing the importance of having a clear understanding of both short- and long-term goals before making a move.
Land values are increasing faster than farm income, making it more challenging for young and beginning farmers to expand, but supporting equity for current landowners.
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