South American Weather Isn't the Only Thing Shaking Up the Markets
Analysts say it's go-time for the impacts of South American weather, but Argentina's new president and major policy changes also spooked the markets this week. Chip Nellinger and Brian Grete explain why.
In October, USDA said the average value of U.S. cropland (irrigated and nonirrigated) in 2023 was $5,460 an acre — an increase of 8.1% from 2022. High-quality ground is selling for two to three times that.