Farmers and lenders have adjusted to the sharp decline in net farm incomes and are cautiously optimistic they can work through repayment issues without forced sales of farmland.
Bruce Sherrick, a University of Illinois professor of agricultural and applied finance talks to LandOwner about the general direction of the current farmland market and the biggest risks to farmland values.
A retired elevator was sold in rural Iowa last month in two tracts. One came with bells and whistles but went unsold while the other reflected recent grain marketing trends, and found a buyer.
