date:Dec 06, 2018
er the next 5 years, a sharp departure from a month earlier when just 21% said they expected higher farmland values
However, this increase in confidence was not driven by expected improvements in profitability, the results showed. In November, only 13% of respondents said they expect farm profitability to improve in the next 12 months. When asked about farmers equity position, 44% expect to see equity diminish in the upcoming year. Rising interest rates could also be a factor in these percepti