Annual Land Report Dec 2014 by Mike Walsten, Editor, LandOwner Newsletter. Farmland demand cooled throughout 2014 as commodity prices continued their two-year-long decline into major lows this fall. The slide sliced farm incomes significantly. Forecasts call for additional declines in farm incomes in 2015, and possibly beyond. Read entire report here
Dr. Lawrence Yun Speaks at the National Land Conference On Tuesday, March 24th, Dr. Lawrence Yun, Chief Economist and Senior VP of the National Association of Realtors® spoke to the land professionals at the National Land Conference in Tucson, AZ. See Dr. Yun’s complete presentation here.
Cash Rents Decline 5% for 2015, by Landowner Newsletter Vol 36, Issue 14 Cash rental rates across the Corn Belt declined about 3% to 7% for 2015, according t our spot check survey of more than 1,000 producers and landowners in early February. Talk of sharply lower cash rents dominated discussions at farm meetings, kitchen tables and lender offices this fall and early winter. And we’re well aware of anecdotal stories of cuts in rents of $50 to $100 an acre across the three “I” states. Those cuts came on high-end rents —generally rents of $350 and higher. But rents of $325 and lower tended to …