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Central Missouri | Rents and farmland values are probably going to stay steady to firm because of the farm price supports and the crop insurance program. When marginal producing areas can now lock in 95% of aph yield and or revenue with hpo on the county or their aph by line on policy whichever turns out better, i dont see rent or land dropping much unless interest rates dramatically increase on the short end which doesnt seem in the cards due to Trump bringing in the next fed chair in a few months.
Some of the rents on lower producing acres may come down over time but the good stuff i suspect not. Could be completely wrong. | |
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silver hits 91.37 tonight, and other news
