The president and CEO of Farmers National Company, Jim Farrell, expects farmland rental rates to be steady to slightly lower in 2018.
“We don’t anticipate seeing any reduction greater than, say, three to five percent this year, not at this point anyway,” Farrell says, “and a high percentage of our leases are going to be even, or steady.”
Farrell says there’s still plenty of demand for rented land. And he says steady land values are also supporting cash rents.
Continue reading 2018 cash rents called steady to slightly lower at Brownfield Ag News.
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