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.
In part three of his blog series, “Top 10 Developments in Ag Law and Tax in 2023,” Roger McEowen covers the Corps of Engineers’ mismanagement of Missouri River water levels.
January 30, 2024 02:29 PM
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Two more key developments in ag law and taxation from 2023, a crackdown on biodiesel fraud and developments in self-employment taxation (#7 and #6), are the topic of today’s Firm to Farm blog post, the second in a series by RFD-TV agri-legal expert Roger McEowen.
January 18, 2024 12:44 PM
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The start of the review of the most important ag law and tax developments of 2023—that is the topic of today’s Firm to Farm blog post by RFD-TV agri-legal expert Roger A. McEowen
January 04, 2024 12:20 PM
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As we start the new year, let’s take a look at some of the legislative items from 2023 affecting agriculture that will continue to play out in the political area for months to come.
January 02, 2024 12:00 PM
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Just how much are probate fees? How are they determined? That is the topic of today’s Firm to Farm blog post by RFD-TV’s Agri-Legal Expert Roger A. McEowen.
December 12, 2023 11:23 AM
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The distinction between co-tenancy and joint tenancy and why it matters — is the topic of today’s Firm to Farm blog post by RFD-TV Agri-Legal Expert Roger McEowen.
December 11, 2023 02:13 PM
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In honor of Veterans Day this weekend, we wanted to take a moment to highlight an incredible program connecting our great nation’s heroes with agriculture!
November 08, 2023 01:54 PM
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What are the relative advantages and disadvantages of the split-interest transaction? And what are the rules when property that was acquired in a split-interest transaction is sold? That is the topic of today’s blog post by RFD-TV Agri-Legal Expert Roger McEowen.
November 02, 2023 09:00 AM
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A split-interest transaction involves one party acquiring a temporary interest in the asset (such as a term certain or life estate), with the other party acquiring a remainder interest. That is the topic of today’s Firm to Farm blog post by RFD-TV Agrilegal Expert Roger A. McEowen.
November 01, 2023 09:00 AM
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