Lease negotiations for 2021 will be challenging because of uncertainty in production agriculture, according to Randy Dickhut, senior vice president, with Farmers National Company.
“One big uncertainty are we going to see more financial aid and money from the USDA for producers and others in the supply chain,” he says. “That would make a difference on the upcoming rental market.”
Other uncertainties include how big the 2020 crop will be, how soon the ag economy will recover from COVID-19, and how drought and wind damage will be factored on a regional basis.
