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.
The RMI farmland and ranch index exceeds growth neutral for only the third time in 82 months.
Kansas City Federal Reserve Bank reports firming land values in face of weakening ag financials.
Chicago Federal Reserve Bank reports farmland values remained unchanged in the second quarter from the first three months of 2020.
USDA's NASS says farmland values were steady as of June 2020 versus a year earlier
Index maintained by pension and investment funds turns positive.