By Brent Gloy and David Widmar,
Agricultural Economic Insights, LLCi
Brent GloyTight Budgets Likely to Persist in 2017 Now since the 2016 crop is harvested, attention is shifting to the 2017 growing season. We produce a series of crop budgets for the major row
Quite often when we sell a property, the property is leased to a tenant. The majority of leases are verbal while some are written. Many leases have been in place for years, or even generations. When the decision to sell is made, both the tenant and the landowner make the following assumptions: 1) Wi
For many, ownership of land is their livelihood, retirement, legacy, inheritance, and/or way of life. The fluctuation of land values personally affects everyone. Important decisions may need to be made. The discussion surrounding values should be straightforward and honest. Let’s not sugarcoat it.
Featured Guest Speaker: Dr. Brent Gloy, Ag Economist; Opening from Marc Reck, Land Specialist at Reck Agri Realty & Auction
Reck Agri 2016 Outlook Meeting took place at Reck Agri Realty & Auction Center in Sterling, CO, on January 19, 2016. Marc Reck and Dr. Brent Gloy, Ag Economist, gave attendee
The graph to the right shows land values, commodity prices, and interest rates since 2000. For the past 5 years, we have experienced unprecedented farm income and bullish land markets. The burning question today is: With declining commodity prices, will land follow?