Mike Walsten has covered major business trends in agriculture for more than 35 years. From the southern corn leaf blight of 1970 to today's biofuels focus, he''s lived, reported and analyzed the impact of volatile markets on farm and ranch businesses and on land prices. After growing up on a grain and livestock farm in Western Illinois, Mike graduated from the University of Illinois with an undergraduate degree in agriculture communications and a master''s degree in business administration in the early 1970s. Since then he''s covered business and management issues as well as price outlook and marketing issues in various positions with Farm Journal Magazine and Professional Farmers of America. He now applies his extensive background and analytical skills to today's surprising farm and ranch market as editor of LandOwner.
Monthly Rural Mainstreet Index finds continued widespread negative outlook across 10-state region.
Chicago Federal Reserve Bank finds 1% annual gain in farmland values, 2% decline in cash rental rates.
Kansas City Federal Reserve Bank notes drop in farm incomes, rise in financial in first-quarter survey of ag credit conditions.
Quarterly results for investment fund index are negative for first time since 2001.
Quarterly survey finds annual gains but new concerns from ag bankers due to COVID-19's impact on commodity prices.