U.S. farmland values have jumped 23% in the past two years.
“Every time I think it’s a peak, we get a new record,” says Jim Rothermich, vice president of Iowa Appraisal. “Those $20,000-per-acre sales used to only happen in northwest Iowa. Now they can happen anywhere.”
For 2023, make expanding your business edge a priority by joining Top Producer at its annual Top Producer Summit. The 26th annual event, which takes place Jan. 23 to 25, is your opportunity to learn and grow as a farm CEO, surrounded by hundreds of peers in the vibrant city of Nashville.
Promote Bs to As: Invest in Your Employees Who Have High Potential
Managers tend to focus on two groups: the overachievers and the underachievers. As a result, you neglect the employees who could become high performers — aka the B players.
Survey Results: Ag Lenders Share Profitability Forecasts, Top Concerns and More
In just a few years the farm financial pendulum swung from shaky to stable, according to the 2022 Agricultural Lender Survey report by the American Bankers Association and Farmer Mac.
John Phipps: My Problematic Guide To Cryptocurrency
Is there a useful explanation of crypto? As John Phipps points out, the FTX fiasco demonstrated crypto is unregulated, and says if you can’t explain it, don’t invest in it, no matter how attractive the reward.