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.
USDA forecasts net farm income will decline nearly 7% from 2017... USDA also forecasts farm debt will rise again in 2018.
Monthly survey finds rural bankers optimistic on rural economy.
Slight annual gain in farmland values halts three years of declines.
Halt in decline in western farmland values stabilizes values in Central and Southern Plains.
Quarterly survey by the Federal Reserve Bank of St. Louis finds strong gains in ranch/pastureland values