The Kansas City Federal Reserve Bank’s Omaha executive says he expects farming overhead costs to rise heading into harvest and beyond.
Nate Kauffman points to inputs like fertilizer and…
“Land values in our region are about 10 percent higher than they were last year and it seems likely then that cash rents will, to some extent, track land values over time as well,” he said.
Kauffman’s region includes Nebraska, Kansas and part of Missouri.