Producers less optimistic farmland values will improve in the next year

Farmers are less optimistic about farmland values will improve in the next 12 months, according to the latest Purdue University/CME Group Ag Economy barometer.

Jim Mintert is the survey’s principal investigator and director of Purdue’s Center for Commercial Agriculture.

“This month, 19 percent of the people in the survey said they think farmland values are going down in the next 12 months. That was up compared to 14 percent who felt that last month.

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