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.
Mexico and Canada remain critical buyers for U.S. corn, pork, dairy, beef, wheat, and other products.
U.S. consumers are still reaching for beef even though the country now produces more pork than beef.
As cattle producers continue to navigate labor constraints and rising production demands, innovation in handling systems will remain a key driver of the industry’s long-term efficiency and safety goals.
Suzanne Fanning with Dairy Farmers of Wisconsin joined us to discuss the “Born to Dairy” campaign, dairy promotion efforts in Wisconsin, and the economic role of the state’s dairy industry during National Dairy Month.
Laura Priest with the Center for Rural Affairs joins us to discuss solar development trends and opportunities for agriculture and renewable energy production to coexist.
Kansas farmer and friend of RFD-TV John Jenkinson joins us to discuss wheat crop conditions, regional variability, producer financial concerns, and the outlook for the growing season across Kansas.