BLOOMINGTON, Ill. (RFD-TV) — Combines are rolling nationwide, with corn harvest now 11 percent complete in central Illinois, where farmers are making steady progress while also monitoring farmland markets this fall.
David Klein with the American Society of Farm Managers and Rural Appraisers (ASFMRA) joined us to provide an update on harvest conditions and land sales in the region.
In his interview with RFD-TV News, Klein shared what he’s seeing in Illinois fields so far this season and noted that farmland sales are beginning to line up for the fall. He also discussed key factors that could influence the price direction during harvest, including yields, input costs, and broader market trends.
Klein reported on recent supply activity in Illinois and explained how potential shifts in farmland prices might affect marketing strategies for producers and landowners.
Market reaction was bearish for corn and soybeans, with analysts noting that abundant supplies amid tepid demand could keep price pressure on agricultural commodities.
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