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The number of U.S. farmland sales and the value of ag land that was sold both rose last year, a new national survey finds. But neither farmland values nor ag land sales rose much as overall land sales or land values, according to the annual survey released recently by the Realtors Land Institute and the National Association of Realtors. The survey, which measured the 12-month period ending in September 2017, found that the value of all U.S. land rose 3 percent, led by a 5 percent increase in residential land.
U.S. agriculturalists on balance will make less money in 2018 than they did in 2017, a new government report projects. Farm-sector profits will fall in the Upper Midwest, too, though by less than the national average, the report finds. The U.S. Department of Agriculture's Economic Research Service on Feb. 7 released its 2018 Farm Income Forecast. Key findings of the report, presented by ERS economist Carrie Litkowski during an online presentation to the news media, include the following:
American agriculturalists often talk about what they see as a disconnect between ag and the rest of society. Now, the Center for Food Integrity points in a new research report to what it calls "A Dangerous Food Disconnect: When Consumers Hold You Responsible But Don't Trust You." "If you're held responsible and trusted for ensuring safe and healthy food, you are seen as a credible source," said Charlie Arnot, CEO of CFI. "However, if you're held responsible but not trusted, that's a dangerous disconnect that can't be ignored."
DEVILS LAKE, N.D. — Matt Nelson began experimenting with cover crops in 2012 and doesn't expect them to provide quick or easy solutions. He says he has "a long-term timetable," one that includes enhancing soil health on his Lakota, N.D., farm and incorporating them into Lakota-based Redline Agri Services, which Nelson owns and operates.
Q: Is it true that North Dakota is one of the few states that still has an extension livestock marketing economist?
Cargill is one of the world's most powerful agricultural companies. There's disagreement, both in and out of ag circles, on whether it uses that power constructively. But everybody, in and out of ag, agrees that Cargill is extremely smart and savvy. So when the company's retired president and CEO says something, I listen carefully — especially when it reinforces what I already believe.
COOPERSTOWN, N.D. — David Lunde and his father, Nathan, sit at the kitchen table in the house in which David grew up and is living in again. They talk about cattle and careers, choices and options, their lives so far and their lives still to come. And they talk about David's adventures far from home. "It's his Viking blood (that prompted David's travels)," Nathan says with a smile.
FOSSTON, Minn. — Same town, same bank, same last name. Different generations. Yes, Daniel Paulson and Ryan Paulson are father-son ag bankers. "There was a job opening here, and he (Ryan) was the perfect candidate," Daniel Paulson says. Other decision-makers told Daniel, "Ironic that he has your last name." The Paulsons work at the Fosston, Minn., branch of American Federal. Dan, 50, is the ag/business banker and senior vice president. Ryan, 25, is the ag/business banking specialist.
GRAND FORKS, N.D. - I always assumed it's obvious why farmers, especially in the Upper Midwest, have barns for their livestock. Sometimes it's really cold. Sometimes it's really wet or muddy or windy. Though animals are pretty tough and can handle some inclimate weather, sometimes they need shelter from the elements; barns provide that. Barns are humane and sensible, obviously. So obvious it goes without saying, right?
Here are the nine other establishments submitted by Agweek readers, along with a sampling of their comments. Photos came from the submitters: Towner Travel Center Location: Towner, N.D. Submitter's comments: "This little slice of heaven has filled the bellies and hearts of its customers with fresh-baked goods, pies, coffee, comfort food and companionship for nearly 30 years. Rebuilt from the ground up in 2010 by a group of local residents." ....................................... Dilli Bar and Grill Location: Stirum, N.D.