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Land values have hit record levels in the past year. Iowa has experienced the biggest percentage increase, but other Midwestern states aren’t far behind. Can land prices keep going up?
Severe droughts across the Northern Hemisphere — stretching from the farms of California to waterways in Europe and China — are further snarling supply chains and driving up the prices of food and energy. . .
For the 30th year, Pro Farmer Crop Tour scouts will be providing insights for potential corn and soybean yields based on samples from 2,000 fields.
The 2022 Pro Farmer Crop Tour kicks off Monday, August 22 in South Dakota and Ohio. As scouts gather thousands of samples across the Midwest throughout the week, traders and market analysts are watching closely.
The basis market is imploding and why farmers should have gotten rid of their physical grain before July.
For 2022, USDA reports the value of the nation’s cropland is $5,050. That’s up $630, or 14%, from 2021. This year’s figure marks back-to-back record highs in cropland values.