Farmer Exchanges Drainage Infrastructure for Long-Term Leases Dave Albin has a strong motivation to ensure his family’s six-generation Illinois farm continues for decades to come. In doing so, he tries to make the farm as productive as possible for their operation as well as their landowners. To that
Read more
Many signs pointed to a crash. Multiple years of low farm profitability, the upward trajectory of interest rates and a rise in farmers exiting the profession were just a few of the indicators suggesting farmland values would drop. Yet that’s not reality. The average acre of U.S. cropland is worth
Read more
“There’s going to be some fortunes made in agriculture, and when an industry breaks full faith, even mediocre people make a lot of money…”[i] – Jim Rogers, Co-Founder of the Quantum Fund, Austrian Economist and commodity guru. Well-diversified hard asset investors include farmland in their portfolios for a combination
Read moreAgriculture is in the midst of an economic reset that will thin the ranks of some of the largest farm operators but offer growth opportunities for those who have patiently held on to cash. That was the counsel from Dave Kohl, a professor emeritus in ag economics from
Read more
I get this question about once a month: Mom is moving to assisted living, her house is being sold and the attorney said we should see our tax adviser. If Mom owned and occupied the home as her principal residence for at least two of the five years
Read more
Land Prices, Rental Rates and Consolidation All Concern Farmers OMAHA (DTN) — Land values, passing the farm to the next generation, biotechnology and agribusiness mergers are just a few of the major concerns on farmers’ minds in 2016. DTN/The Progressive Farmer polled 1,647 rural residents in the third
Read moreSource: dtnprogressivefarmer.com ~ By Linda H. Smith Progressive Farmer Contributing Editor Agriculture’s golden sector is livestock. Though prices have eased since their summer peak, they are still at high levels. In fact, the price strength surprised many given the level of production. The disconnect between the reduction in
Read moreTiming of Purchase, Price Determine How Farmland Stacks Up As Investment Source: dtnprogressivefarmer.com Author: Marcia Zarley Taylor DTN Executive Editor HADDONFIELD, N.J. (DTN) — When Farmers National Co. sold another 80-acre Sioux County, Iowa, farm for $20,300 per acre this month, observers chalked it up as another trophy
Read moreSource: dtnprogressivefarmer.com ~ Author: Dan Miller Jim Keegan was studying at Chico State when the crushing 1976-77 drought spread across California. “My father had been building his [beef] herd for a long time,” Keegan recalled. “But he had to sell it all.” That drought is remembered as the
Read moreBy Elaine Goodman, Correspondent Ron Stevenson’s family had owned 107 acres in the Delta for decades. The farm was passed down from his grandparents, with ownership expanding to more than a dozen cousins and siblings. Tired of dealing with the complex ownership structure, the family decided in 2004
Read more