Midwest (U.S.)
A new report from Bloomberg Law shows family farm bankruptcies had already increased by 55% last year compared to 2023, and to start 2025, the number of bankruptcies is already exceeding the same time last year.
ENSO-neutral means conditions could be close to average, but Eric Snodgrass, Nutrien’s principal atmospheric scientist, says that doesn’t mean the weather will be normal this spring and summer with growing concerns about drought.
While resilient farmland prices were the theme in 2023 and farmers were in the driver’s seat in most sales, Jim Rothermich with Iowa Appraisal has recently noticed a couple changes in the market.
UNL says heavy rains across the nation this week may have eased the drought conditions in the short-term, but they won’t be enough for the long run.
Appeals court clears way for large hog farm in SE Minnesota