Hertz: Farmland Market Update December 2024

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Doug Hensley, president of Hertz Real Estate Services, provides insights into the current farmland market and uses data from Farmer Mac and ABA’s recently released 2024 Agricultural Lender Survey. The survey offers unique insight from the perspective of agricultural lenders with specialized knowledge of their local farm economy and covers expectations on land values, prospects… Read more »

Ag Lender Survey: Farm Profitability Expected to Decline in 2024

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Agricultural lenders expect only 58% of borrowers will remain profitable this year compared to 78% last year, according to the 2024 Ag Lender Survey report produced jointly by the American Bankers Association and the Federal Agricultural Mortgage Corporation, more commonly known as Farmer Mac (NYSE: AGM and AGM.A). The combination of lower export demand for… Read more »

Farm Progress: This isn’t the ’80s

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The Farm Financial Crisis of the 1980s is seemingly manifested with each disheartening report of low farm income or high interest rates, slim margins or poor prices. In contrast, bankers, economists and financial advisors looking at today’s numbers see significant differences – largely positive advantages – for farmers to weather the current financial storm. …… Read more »

National Land Podcast: Market Watch 2024: Q3 Land Values

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How will interest rate drops affect land sales? Today is our quarterly economic update, covering interest rate impact on agriculture, land for sale, and new announcements from the USDA. Jackson Takach is the Chief Economist and Head of Strategy, Research, and Analytics for Farmer Mac, the secondary market for agricultural loans. He is here to… Read more »

High Plains Journal: “A closer look at the tougher economic times ahead”

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During these tougher economic times, it’s also important for both lenders and regulators to be proactive, said Jackson Takach, the chief economist and head of strategy, research, and analytics at Farmer Mac. “Regulators need to make sure that banking institutions have access to all the capital that they need, all the support that they need,… Read more »