Archived Content
Over the last few years, the average break even crop price has dropped. According to Purdue University, some of that can be attributed to softening farmland rental rates.
The number of farms sold in 2017 declined for the fifth year in a row, according to data from Farm Credit Services of America (FCSAmerica) and Frontier Farm Credit. The lenders report the number of sales in their service area declined by about 270, or 7.5%, compared to 2016.
Britain’s decision to leave the European Union could “unleash a series of dominoes” across ag markets, says Mike Steenhoek, executive director of the Soy Transportation Coalition.
The Big Get Bigger: Large farms continue to grow as smaller farms join forces in an attempt to compete.
Land sales demand has softened, according to Jim Farrell, president and CEO of Farmers National Company in Omaha, Neb.
If you want your farm to successfully transition from one generation to the next, you must do better than a vanilla will that says you want to leave everything equally to your children. Don’t assume your children will figure it out when you’re gone. They likely won’t.