Home | About | Blog | Facebook | Twitter

Monday, November 02, 2015

Could Lower Farmland Values and Softer Cash Rents Be on the Horizon?

Lower land values and cash rents are on the horizon as low commodity prices pressure farm profitability, according to Brent Bidner, farm manager at Hertz Farm Management in Monticello, Ill.

He believes upcoming land sales in particular will be key indicators of what to expect in 2016. “The story will probably be told in the next 30 to 45 days. There’s a lot of land for sale,” Bidner said duringAllendale, Inc.'s Oct. 27 Ag Leader webinar.