Funded by the Illinois Soybean Association checkoff program.

Brent Gloy

Agronomy: Profitability Matters: Do the Math on Farmland Values

Aired: January 2016 Lower commodity prices have brought tight margins to farmers around the country—and last year farm income was the lowest since 2002. However, farm economics works in a cycle and land values are beginning to adjust. "The economics of crop production drives land values,” says Brent Gloy, Ph.D., agricultural economist with Agricultural Economic Insights. “These have fallen in recent years, so we can look for land values to follow.” In this episode of Profitability Matters, Gloy shared his insights on 2015 and 2016 farmland values, negotiating rents and financing tips for a profitable 2016. Launch audio>>> Key [...]

By |January 12, 2016|
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