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posted on Mar 7, 2019

The USDA measures net farm income, which is a broad measure of profits for the farm economy and includes cash receipts, inventory changes, economic depreciation and gross imputed rental income of operator dwellings. Figure 1 (labeled Adjusted Net Farm Income) has been adjusted to include inflation so that a comparison across years can be made. Since 1970, only seven years have had lower incomes than 2018.

posted on Mar 7, 2019

On Dec. 20, 2018, President Trump signed into law the Agriculture Improvement Act of 2018. Very few modifications were made in this bill compared to the last, so if you liked the 2014 Farm Bill, you will probably like this one, too. Although 76.5% of the farm bill is for nutrition, our focus is on the commodity, crop insurance and conservation titles that make up 23% of the funding. What follows includes information Midsouth landowners need to know about the current farm bill.

posted on Feb 26, 2019

(Jonesboro, AR, February 26, 2019) A comprehensive look at farmland values and agricultural property lease rates is now available through members of the Mid-South Chapter of the American Society of Farm Managers and Rural Appraisers.

posted on Jan 15, 2019
JONESBORO – Arkansas State University’s annual Agribusiness Conference this year will celebrate its 25th year of providing timely information and agricultural policy education to farmers, agribusiness professionals, students and educators across the Mid-South.
 
The 2019 conference, on Wednesday, Feb. 13, will focus on farm management, the economics and politics of trade and farm policy, and commodity and credit markets, according to Dr. Bert Greenwalt, professor of agricultural economics and conference director.
posted on Dec 28, 2018

Our 2018 Winter Newsletter has been released which includes a thorough poultry market overview by Mark Jordan, instructor at Arkansas State University, a historical overview about draining the Missouri Bootheel written by GFM’s intern, and the importance of U.S.

posted on Dec 28, 2018

Recent U.S. tariffs and retaliatory actions by China have significantly impacted U.S. soybean farm prices and exports. Historically, the U.S. exported almost one out of every three field rows to China. However, that market has nearly disappeared amidst the trade tensions of 2018.

posted on Dec 27, 2018

GFM’s Jeffrey Hignight and Houston Matthews recently spoke to students in the Land Economics/Rural Appraisal class at Arkansas State University in Jonesboro. Jeffrey began the presentation with the ways in which professional farm managers, consultants and land brokers use appraisal data, which led to discussions about cap rates, improving land, dividing land between multiple owners and selling price expectations under a real estate listing or auction.

posted on Dec 22, 2018

Caruthersville, a small town in the Bootheel of Missouri, is where I call home. Although  this area of the state is known by many to be the home of the most impoverished counties  in the state, there are two things in the bootheel to be proud of—the agriculture production  and the Little

posted on Dec 19, 2018

Ted and Jeffrey at 89th ASFMRA Conference

GFM’s Jeffrey Hignight and Ted Glaub recently attended the American Society of Farm  Managers and Rural Appraisers (ASFMRA) Annual Conference held Oct. 30 – Nov. 2 in Chandler, Arizona.

posted on Dec 19, 2018

The phrase “what a difference a year makes” resonates with—and has likely been uttered by more than a few—people involved in any of the numerous channels of agricultural production given the speed in which commodity markets tend to react and move. The broiler industry is hardly immune to rapid change either.

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