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USDA Reports Farmland Values Remained Stable in 2020

October 12, 2020 | Posted in Data & Trends
The value of farmland is an important economic indicator for the agricultural business because it represents most farmers’ highest valued asset. Steady or rising farmland values along with low interest rates have been positive trends for farmers, particularly in light of lower commodity prices in the past several years. Stable farmland prices have remained the one positive during these years of major challenges for U.S. farmers.
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Ag Barometer Rises as Crop Prices Rally

October 7, 2020 | Posted in Data & Trends
U.S. agricultural producers became more optimistic again in September as the Purdue University-CME Group Ag Economy Barometer climbed to 156, the highest reading for the index since the pandemic began last winter and 12 points higher than one-month earlier.
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Rise in Early Orders Bullish for Ag Equipment Sales

October 1, 2020 | Posted in Data & Trends
In a note to investors, Stanley Elliott of Stifel said, “We wanted to highlight a survey from Ag Equipment Intelligence which suggests early order activity for North American ag equipment is pointing to a slight increase on a weighted average basis following 6 years of declines.
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Canadian Farmland Values Remain Buoyant in 1H20

October 1, 2020 | Posted in Data & Trends
The global pandemic introduced several disruptions across the red meat, dairy, grain and oilseed supply chains. Despite the numerous challenges, the agricultural land market has shown strength as higher crop receipts and record-low borrowing costs supported strong demand for land.
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