Farmers continue to pay too much to rent subpar farm ground, according to Dr. Michael Swanson, chief ag economist for Wells Fargo.
“The single biggest thing that we have to get—to get this market to make money—is for people to stop overpaying for average and mediocre ground,” Swanson says.
Swanson says he understands how difficult it can be to give up rented ground.
“It’s really hard for an operator who is operating 1,500 acres to want to give up 200 acres because you know they’re not making any money,” he says.
