Farm equipment purchases slump, land prices weak-Bankers
Agricultural bankers in 10 states in the Midwest and Plains expect a 15-percent decline in farm equipment sales this year, says a survey by Creighton University, in Omaha.
Land rental rates to drop 16 percent in Midwest and Plains
Bankers in a 10-state swath from Illinois and Iowa to Colorado and Wyoming "expect 2015 cash rents for farmland to decline to $214 per acre, down significantly from last year's $254," said Creighton University's Rural Mainstreet Index.
Rally in commodities puts a floor under farmland prices
Farmland prices fell for the seventh month in a row in the Rural Mainstreet Index compiled by Creighton University, but at a slower rate.