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posted on Sep 17, 2018

Agriculture’s increase in technology from the late 1800s to the early 1900s caused a steady migration from the family farms to the cities, leaving fewer people to assume the burden of producing more food. This has only been exacerbated in the past ten to twenty years by the development and adoption of GPS guidance systems, a heavy emphasis on efficiency and precision application when planting, growing and harvesting crops.

posted on Sep 17, 2018

Our 2018 Fall Newsletter has been released and covers drone use in agriculture, 2018 mid-south cropland, rents, & investment returns, USDA price forecast, and current government policy news.

posted on Sep 14, 2018

The USDA has released its current price projections for U.S. commodities—a mixed bag of the good, the bad and the ugly, from tighter cotton supplies to larger soybean supplies. Figure 1 presents the 2017 crop year prices compared to the projected range for the 2018 crop. Cotton is a bright spot in the market and set to average a higher price than last year. World stocks-to-use is expected to be the lowest in eight years. Corn prices are projected to average about $0.10 more per bushel than last year. The U.S.

posted on Aug 10, 2018

The National Agricultural Statistical Service (NASS) recently released its 2018 Land Value Report. The report shows that U.S. farm real estate value increased 1.9% to $3,140/acre while the average U.S. cropland value increased to $4,130/acre—an increase of $40/acre from 2017.

posted on Jul 11, 2018

Our 2018 summer newsletter has been released and contains articles covering our celebration of 25 years in business, using IRA funds to purchase agricultural properties, and a look at the rice mortar that holds the Great Wall of China together.

To download the newsetter click Here (pdf).

posted on Jul 11, 2018

In 1993, Glaub Farm Management was started out of the home I had just purchased. The office consisted of a desk in the living room and two interns working in the front bedroom. My wife Laverne and I recently moved out of that house and could not believe all that we had added to it during the past 25 years. It is also hard to believe the changes to Glaub Farm Management during that time.

posted on Apr 9, 2018

Goodbye, generic base. Congress recently passed changes to the farm bill via a disaster bill that adds seed cotton to Title I commodity programs. The 2014 Farm Bill excluded cotton from Title I due to lawsuits filed by Brazil through the World Trade Organization (WTO); now, Congress hopes to avoid future WTO challenges by using seed cotton instead of cotton lint.

The changes are only effective for one year, though, so landowners and operators must act quickly—within 90 days of Feb. 9.

posted on Apr 2, 2018

HR 1, known as the 2017 Tax Cuts and Jobs Act, was passed into law on December 22, 2017, with the majority of provisions taking effect on January 1, 2018. Christmas came early to many, although it may take all year for the IRS to establish rules and decipher the law.

The following summarizes the main changes that will have an effect on landowners and agriculture. Consult with your tax advisor for further information and guidance on how the entire tax law will directly impact you.

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