What’s Going on With Farmland Values?

By Brent Gloy

The recent release of the March 2017 Iowa Land Trends and Values Survey estimated that Iowa farmland values were slightly higher than they were 6 months ago and only 2.7% lower than a year ago.  These results provide some encouragement that perhaps land values are starting to stabilize after falling from their peak.  This week we decided that it would be a good time to look at farmland value estimates from around the country. Continue reading

USDA Cost of Production Estimates Show Little Change from 2016

by Brent Gloy

According to the latest USDA cost of production estimates, U.S. farmers will find the 2017 cost of producing corn, soybeans, and wheat basically unchanged from 2016.  Combined with the outlook for flat to slightly better commodity prices, the cost of production estimates portray yet another year of challenging economic conditions throughout corn, soybean, and wheat country. Continue reading

ARC-CO Revenue Guarantees Decline Throughout Much of the U.S.

by Brent Gloy

Last week we looked at how benchmark or Olympic average yields have changed since the start of the ARC-CO program.  This week we will examine how ARC-CO revenue guarantees have changed across the country.  Again, we will see that the results differ widely across the country.  Continue reading