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.
As I try to catch up on my writing after being on the road for a lengthy time, I have several recurring themes in my legal work. Another potpourri of random ag law and tax issues — that is the topic of today’s Firm to Farm blog post by RFD-TV Agrilegal Expert Roger McEowen.
October 31, 2023 02:21 PM
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Gov. Sarah Huckabee Sanders spoke with RFD-TV’s own Susan Alexander this Monday morning on the Market Day Report to explain Arkansas’s recently passed giving lawmakers greater authority to sanction foreign ag-land ownership within the state.
October 30, 2023 12:51 PM
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In today’s blog post, RFD-TV Agri-Legal Expert Roger A. McEowen shares some random thoughts on land value and transitioning your farming or ranching business to a new generation.
October 13, 2023 11:31 AM
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Acquiring farm or ranch land, as well as the key concepts and issues are the topics of today’s blog post by RFD-TV Agri-legal Expert Roger McEowen.
October 12, 2023 03:01 PM
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With 2023 projected to be a difficult year for agricultural producers, Chapter 12 filings may increase. One of the requirements to get a Chapter 12 reorganization plan approved is that be filed in “good faith.” In this blog post, RFD-TV Legal Contributor Roger A. McEowen explains exactly what farmers need to know about the process.
October 04, 2023 02:57 PM
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The classification of persons conducting farming operations for a farm landowner—that is the topic of today’s blog post by RFD-TV farm-legal expert Roger A. McEowen.
October 02, 2023 02:27 PM
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To mark the end of National Chicken Month, we take a look at how the U.S. poultry industry is making a slow and steady recovery following the widespread outbreak of High-Path Avian Flu (HPAI) in 2022 that devastated commercial flocks across the country.
September 29, 2023 02:44 PM
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Seven out of the eight major fertilizers saw recent price decreases. However, one key type of fertilizer bucked the overall trend with an 11-percent rise.
September 21, 2023 11:02 AM
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Dr. Tim Boring with the Michigan Department of Agriculture shed light on the current challenges and opportunities impacting farmers across the State in a conversation with RFD-TV’s own Tammi Arender at the NASDA Annual Meeting this week in Wyoming.
September 13, 2023 02:07 PM
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