Even with lower crop prices, Iowa State University farm management specialist Steve Johnson expects mostly steady cash rents in 2018.
“What we’re seeing in Iowa is steady land values—and land values are high correlated with cash rental rates, at least they have been for the last 15 years. So I’m anticipating steady cash rents for 2018,” Johnson says.
Johnson says while some farmers may be forced to give up rented land, there will be other farmers waiting to scoop it up.
Continue reading ISU specialist expects steady cash rents in 2018 at Brownfield Ag News.
Copyright © 2024 Indiana Farm Bureau®, Inc. is a member of the American Farm Bureau Federation®, a national organization of farmers and ranchers including Farm Bureau® organizations in 49 other states and Puerto Rico, and is responsible for Farm Bureau membership and programs within the State of Indiana.