The President of an ag credit company commends new farmers for staying informed about financial uncertainties.
Farm Credit Illinois President and CEO Aaron Johnson tells Brownfield good commodity prices and overall positivity in the industry has caused farmland values to skyrocket, with the Illinois benchmark study showing an 8.5% increase over the past year.
“In the last 90 days we have seen it come up really strong and actually now the values are at or exceeding what we saw in 2012 and 2013.
