Will low commodity prices pull down farmland-rental rates?

The record-setting corn and soybean crops forecast by USDA — the latest in a string of bumper crops — will drive down commodity prices and put pressure on growers to cut their costs, says economist Gary Schnitkey of U-Illinois. Midwestern growers will lose money at current rental rates, says Schnitkey, and will not break even until rates… » Read More

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