Farmland

Rural Mainstreet Index Rises Again
Rural Mainstreet Index Rises Again
Rural Mainstreet Index Rises Again
The Creighton University Rural Mainstreet Index remained above growth-neutral in December.  It’s the fourth-straight month, and tenth time in the past 12 months in the Index moved higher.  The index is a monthly survey of bank CEOs in rural areas of a 10-state region that depends on agriculture and/or energy.   While ...
Warnick: More Must Be Done To Help Young Farmers Purchase Land
Warnick: More Must Be Done To Help Young Farmers Purchase Land
Warnick: More Must Be Done To Help Young Farmers Purchase Land
State Senator Judy Warnick said she has some concerns when it comes to the future of the agriculture industry in Washington.  She said she’s concerned many family farms will go under because of tedious and unneeded regulation from Olympia, which drives her during the legislative session and when lawmakers are out of session as well.   W...
Cropland Cash Rental Rates Mixed Across the Northwest
Cropland Cash Rental Rates Mixed Across the Northwest
Cropland Cash Rental Rates Mixed Across the Northwest
Cropland rental expenses in Washington fell $1 year-over-year to $201 per acre.  Meanwhile, irrigated cropland in the Evergreen state increased by $2 per acre this year, coming in at $360.  And non-irrigated cropland rental expense is $75 per acre, unchanged from last year.   ...
Cash Rent For Northwest Crop Land Increases
Cash Rent For Northwest Crop Land Increases
Cash Rent For Northwest Crop Land Increases
The USDA says cash rent for cropland in Washington increased this year to $203 per acre.  That’s up $5.00 from the 2017 rate.  Irrigated cropland in Washington, moved up $8.00 an acre in the past year to $358.  Meanwhile, non-irrigated crop land rental came in at $75.00 per acre, up $2.0...
40% of Farms Managed by Multiple Operators
40% of Farms Managed by Multiple Operators
40% of Farms Managed by Multiple Operators
New data released last week by the USDA shows nearly 40% of all U.S. farms are managed by more than one operator.  USDA’s Economic Research Service says in 2015, 39% of the more than 800,000 U.S. farms had secondary operators.  Commercial-sized farms often require more management and labor than an individual can provide.   Becaus...
Farmland Prices May Drop 20 percent
Farmland Prices May Drop 20 percent
Farmland Prices May Drop 20 percent
The price of American farmland may be heading for its first significant drop since the mid-1980s. MetLife Agricultural Finance says that based on certain measurements, market conditions are the worst they’ve been since the Farm Crisis.  AgriMone...

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