Click here to view original web page at www.theepochtimes.com
Kansas wheat harvest. (Pexels) The price of farm real estate and cropland in Kansas has risen more than 10 percent in the past year.
“There are many reasons for the current increase in farm real estate and cropland values, such as historically low-interest rates, improved farm economy, increased demand of farmland for urban use and other outside investments,” Dean Klahr, director of stockgrowers at Kansas Livestock Association, told The Center Square.
While a good thing for some farmers, the situation puts a bit of a squeeze on those looking to expand or acquire more farmland.
Klahr said if a farmer or rancher currently owns the land, an increase in the property valuation can improve the operation’s borrowing power by increasing the net worth of the operation. Increased net worth can also improve the farm’s financial position for the next generation, should the farm be passed on. Historical trends show land values tend to appreciate at a stable rate and at a rate faster than that of inflation. As a result, lenders have a higher willingness to lend for the purpose of farmland acquisition.
“The average Kansas farmer is nearly 60 years old,” Klahr said. “With many producers reaching the age of retirement, those who wish to sell the land will likely receive a premium over the price paid for the asset.”
For the aspiring farmer, though, increased property values pose a challenge to their potential livelihood.
“No matter the type of agricultural production, land is essential in this industry,” Klahr said. “Start-up costs are already extremely high, and increased farmland values only increase that barrier to entry.”
Christian-Driven America-First Precious Metals.
Before markets collapse, the smart play is to move wealth or retirement to precious metals. Contact Genesis Gold now to make it happen smoothly with no hassles from a group driven by fellowship.
Most beginning producers are on the hunt for land to lease instead of purchase, but those in this position are often hurt by increased farmland values in correlation with higher rental rates. Klahr said that higher rental rates then decrease margins and make it more difficult to generate enough capital to purchase the land, especially at an increased value.
“Additionally, agricultural producers are at increased risk of losing leased properties should the landowner decide to sell at a price the current tenant can’t afford,” Klahr said. “This is especially common […]
Click here to view original web page at www.theepochtimes.com
Yes, We Need Your Help
I hate being “that guy” who asks people to donate because I think our conservative news network is so crucial, but here I am…
When I left my cushy corporate job in 2017, I did so knowing that my family would have to make sacrifices. But I couldn’t continue to watch the nation slip into oblivion and was inspired by President Trump’s willingness to fight the good fight even at his own personal expense. What I didn’t realize then is that conservative media would be so heavily attacked, canceled, and defunded that the sacrifices would be extreme.
Many in this nation are struggling right now even though we weren’t struggling just a few years ago. I’m not alone. But I wake up every morning and operate the sites we’ve been able to build because there’s really no other choice. I refuse to be beholden to Big Tech like so many other conservative news outlets, which is why you won’t see Google ads here. With that said, it’s often challenging to pay the bills and it’s even harder to expand so we can get the America First message out to a wider audience.
The economic downturn has forced me to make a plea for help. Between cancel culture, lockdowns, and diminishing ad revenue, we need financial assistance in order to continue to spread the truth. We ask all who have the means, please donate through our Giving Fuel. Your generosity is what keeps these sites running and allows us to expand our reach so the truth can get to the masses. We’ve had great success in growing but we know we can do more with your assistance.
We currently operate:
- NOQ Report
- Conservative Playlist
- Uncanceled News
- Based Underground
- Five other conservative news sites
I would even be willing to entertain investments and partnerships at this stage. I’ve turned them down in the past because editorial purity is extremely important. I’ll turn them down again if anyone wants us to start supporting RINOs or avoid “taboo” topics like voter fraud, vaccines, or transgender supremacy. But I’d talk to fellow America First patriots who want to help any (or all) of our 10 news sites. Hit me up at jdrucker (at) substack (dot) com if you’re interested.
For those who have the means and just want to help keep the mission of spreading a conservative, Christian message to the nation, please consider a generous donation.
