Farmland Real Estate is a Sellers Market
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Farmers Financial Status Farmers National Company spokesperson Randy Dick discusses the land market in relation to farmers. The biggest concern at this time in the agricultural land market is the financial health of producers on a wax poetic about that.
Agriculture on the whole is still in good financial shape. The debt to asset ratio is in stop, but it s still way under what it was even 15 years ago. 80S comparison, which there s not a direct correlation between the 80s and today by any means, because the differences. Overall, it s good. Got farmers that are older, they bought, paid for it and so forth. But yet on the flip side, you see on the aggregate that the working capital has dropped 75 percent from the peak in 2012 or 13. And that s very significant. Well, there s still capital in the market. Most farmers are still OK. But margins are getting tighter. The question becomes a smaller number of individuals that are not financially capable, and that s where the probl
ASA conducts virtual annual meeting, elects board members
BOZEMAN, Mont. Simmental and SimGenetic enthusiasts attended ASA’s 53rd Annual Meeting and Reception virtually. The ASA Board of Trustees met Jan. 28-29, to highlight each committee’s work from the previous year, most notably, the increase in whole birth group phenotypes and genotypes into the IGS Genetic Evaluation from the Calf Crop Genomics research project, members’ unfailing support of the 2020 National Classic in Brookings, S.D., the membership relief package, and a myriad of other committee projects.
During the annual Chairman’s Reception on Jan. 29, Randy Moody, New Market, Ala., was formally seated as chairman of the soard, succeeding Tim Curran, Ione, Calif. Also seated were Vice Chairman Barry Wesner, Chalmers, Ind., and Treasurer Steve Eichacker, Salem, S.D. Rounding out ASA’s five-member executive committee are JW Brune, Overbrook, Kan., and Tom Nelson, Wibaux, Mont.
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