Survey: more producers expect farmland values to weaken in the next year


Survey: more producers expect farmland values to weaken in the next year

More producers are saying they think farmland values could weaken in the next 12 months, according to the latest Purdue University/CME Group Ag Economy Barometer.

Jim Mintert, director of the Purdue Center for Commercial Agriculture says producer sentiment has changed in the last year.  

“A year ago, 51 percent of the people in the survey said they expected to see higher farmland prices in the next 12 months. In this most recent survey that was down to just 33 percent,” he says.

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