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Farmers are still in the driver’s seat, but the direction of land values in the months and years ahead relies on one major factor: how long low profitability for row crop farmers persists.
In 1984, Farm Journal’s personal ads connected Pat, a farm girl from Iowa, with Doug, a dairyman from New York, sparking a love story that led to marriage and the fourth generation of Fuller Acres Farm.
Vice President Kamala Harris recently floated this policy to crack down on price gouging, but looking back on a similar plan from the Nixon administration shows not everything needs a second chance.
When ag equipment manufacturers start shedding union line workers, shuttering plants and shifting factories to Mexico, and there’s a glut of used equipment covering dealer lots, you know the tide is quickly turning.
Some long-time Washington contacts still give the odds of a farm bill this year at only 15%.
Lance Sommers has transformed his family’s 2,000-acre grain and dairy farm by integrating technology and boosting efficiency to free up time to refocus efforts on other aspects of their operation.