A financial advisor says there hasn’t been much movement in ag land rental prices. Mark Greenwood with Compeer Financial says, “We’re seeing a little bit of adjustment, but not a big enough adjustment for clients to be successful and make any money.”
Greenwood says there is still a big gap between what most landlords want and what producers can comfortably pay. “We had land rents probably throughout the midwest that was probably north of 300 dollars per acre, and you have a wide disparity on overall land value.”
Greenwood tells Brownfield taxes are another factor for rental prices.
Continue reading Land rent prices remain high 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.