A Midwest agriculture lender says farmland owners are hanging on to what they have. Farm Credit Illinois Chief Operating Officer Aaron Johnson tells Brownfield land prices have fallen about 4 percent since last year, but he says, for now, the general trend is stable.
“And I think it’ll be stable until we get a better idea of what this future market’s going to be and what the income’s going to do,” Johnson told Brownfield Ag News at the Farm Progress Show in Decatur, Illinois.
Continue reading Illinois ag lender: land not changing hands quickly at Brownfield Ag News.
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