Posts by Tim Cobb
Viability and value in farmland ownership
There is evidence in the broader farmland market trends that would indicate that this historically dependable asset class is showing signs of fatigue following years of steady price increases. Farmland transactional sales have been leveling out for the past 18 months, the availability of capital flowing into the market is shortening due to challenges in…
Read MoreShifting gears in farmland leasing
Growing up on the farm provided me with several opportunities to operate equipment with manual transmissions. Several sets of gears allowed the operator to find the very best speed/power for any circumstance, whether in the field or out on the road, empty or fully loaded with produce. One gear in particular I will always remember…
Read MoreA fair look at farm lease renewals
A shift is underway among operators and owners of farmland across the country that is directly impacting farm lease agreements. External financial factors (cost of machinery, capital, inputs, and labor) once thought to be “transitory” are settling more into reality as many cast their projections for the coming crop year. These factors are setting the…
Read MoreLandowner considerations for CRP
This year marks the 39th year since the inception of the Conservation Reserve Program (CRP), a proactive program administered through the unique partnership of the U.S. Department of Agriculture (USDA), the Natural Resources Conservation Service (NRCS), and landowners across the country. Some may have initially thought CRP and similar land-based rental programs would be short…
Read MoreFarm bill implications for farmland owners
It isn’t uncommon for farm bills to move past their legislative expiration as was the case this past September when the fiscal expiration of the current 2018 Farm Bill occurred. It also isn’t the first time Congress has moved to enact a short term, one-year extension to keep the current law from reverting to mid-1900s…
Read MoreEffective communication FOR the farm
In an industry where your “word” often carries more weight than a written agreement, effective communication between agricultural stakeholders is key to long-term success. Solid and forthright communication is a foundation of trust that takes years for good farming operations to establish. Effective dialog is a constant moving target, but if given the right attention…
Read MoreHonest retirement considerations for farmland
Ask an ag producer what three things they consider key to the overall success of their farming operation, and the prevalent response will be hard work, honesty and family relationships. There isn’t a day that goes by that your farming operation doesn’t rely heavily on each of these key components in some way: the crop…
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