Farmland values have held steady so far this year. One analyst has been watching closely and says profitability will determine how the rest of the year goes.
“If things kind of stay the same, I don’t think we’ll see much change. But if we see any hiccups that affect the farm economy in a negative fashion, I think we could see somewhat of a downturn in general. And you know, those, those geopolitical events, uncertainty, these tariffs and things like that, are all playing a little part in in the in our US economy in general, but, but really have an opportunity to impact the ag economy,” said with Paul Shadegg, Senior Vice President of Real Estate at Farmers National Company.
Analysts have found high commodity prices in 2021-2023 led to growth in both cash rents and land values, which is likely a driving factor behind recent steady prices.
February 16, 2024 10:51 AM
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Both imports and exports are moving through the Panama Canal at a slower pace as the ag industry continues to deal with drought-related restrictions.
December 26, 2023 02:51 PM
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Getting strange calls or texts from “Amazon” after placing holiday gift orders? In this AARP Live Minute, experts from AARP reveal three Amazon imposter scams to watch out for as you navigate the holiday season.
December 14, 2023 11:28 AM
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Shaun Haney, host of Rural Radio Channel 147’s Real Ag Radio, joined us Friday on Market Day Report with an update on the important vote involving the use of ag machinery in Canada.
November 03, 2023 02:14 PM
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The FAO Food Price Index for October 2023 is out. Where do global food prices stand, and which categories saw the largest gains?
November 03, 2023 01:42 PM
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Agriculture Accounting Expert Paul Neiffer joined us Friday on Market Day Report to take a further look.
November 03, 2023 12:51 PM
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