In their January 2024 land values report, Farmers National Company shared that the sharp increase in farmland values has slowed, and values are holding strong.
The latest barometer, which is based on an economic sentiment survey of 400 agricultural producers each month, recorded a reading of 114 – down 1 point compared to a month earlier.
Farmers routinely handle high-dollar transactions — and the nature of the payments, often through unsecure methods, leaves them susceptible to foul play.
The availability of livestock workers was ranked as more limited than crop workers and finding long-term help seen as more difficult than temporary help due to the seasonal nature of the ag industry.
Through his work, Russell Taylor has focused on being an advocate for conservation practices in agriculture – partnering with several different organizations to change laws and draft language for the farm bill.
CoBank has released their 2024 outlook report, which takes a look at the key themes the organization expects to shape agricultural and the rural economy in the coming year.
