Producers remain bullish on farmland values despite uncertainty in the industry, according to the latest Purdue University/CME Group Ag Economy Barometer.
Purdue’s Jim Mintert says the sentiment is reflective of farmland prices in 2021.
“All the farm sales that we’ve been hearing about from the auctions, for example, are either record high levels or near-record high levels,” he says. “
He tells Brownfield there are several reasons for the optimism among farmers.
