Well Grounded

Episode Description: In this edition of Well Grounded, Wells Fargo Chief Agricultural Economist Dr. Michael Swanson detailed the consequences of a big crop. "USDA came out in early September to with its update and took the net farm income from $116 billion to a current estimate of $142 billion." Crop prices have fallen, but livestock prices have added to the bottomline. "Farmers are not in a bad position, but they don't feel good about it because they thought it was going to be better." Interest rates and the impact on land values ius also discussed. Well Grounded is a collaboration between Acres & Shares and the Red River Farm Network.

Episode Description: In this edition of the Well Grounded podcast, our guest is Randy Dickhut. Dickhut’s 50-year career in agriculture includes production agriculture and farm management experience. While at Farmers National Company, Dickhut served as the senior vice president of real estate operations. Will farmers be able to purchase all the land that will come up for sale? Where are land values headed this fall? Those questions and more are answered in this podcast. Well Grounded is a presentation of Acres and Shares and the Red River Farm Network.

Episode Description: The Well Grounded podcast is a collaboration between Acres and Shares and the Red River Farm Network. Our guest is Eric Mueller, who has a 20-year career in farmland brokerage and management. Mueller's clients and partners have included individuals, families, private and public funds, institutional investors and bank and trust company clients throughout the United States. Many of you have heard of a 1031 Tax Deferred Exchange, but what about a 721 Exchange or a Legacy Farmland Fund. abd how does it compare to a 1031 Exchange? Listen to Jayson Menke with Acres and Shares and Red River Farm Network farm broadcaster Randy Koenen.

Episode Description: The Well Grounded podcast is a presentation of Acres & Shares and the Red River Farm Network. In this episode, our guest is Joe Mahon, regional outreach director, Federal Reserve Bank of Minneapolis. Mahon's tracks several sectors, including agriculture in Minnesota, North Dakota, South Dakota, Montana and portions of Wisconsin and Michigan. His recent agriculture conditions survey is the focus. The latest Acres and Shares newsletter is another resource on land values and more.

Episode Description: The Well Grounded podcast is a presentation of Acres and Shares and the Red River Farm Network. In this edition, our guest is Bryon Parman, agricultural finance specialist, North Dakota State University, who breaks down the annual land values survey. Land values are at record highs, driven by strong farm income in 2022 and 2023. "There was a lot of cash sitting out there and that was driving those prices higher."

Episode Description: In this edition of Well Grounded, Acres and Shares owner Jayson Menke and RRFN farm broadcaster Randy Koenen visit with John Warcup, an attorney with the Grand Forks-based firm Swanson & Warcup. The topics addressed include easements and legal access to the land.

Episode Description: Have farmland values stabilized or are they continuing to climb? In the latest edition of the Well Grounded podcast, two appraisers from AgCountry Farm Credit Services said prices are strong, but may be plateaued. The fall sales season is just beginning and the land inventory may hold the key for farmland values in the days ahead. Well Grounded is a presentation of Acres and Shares and the Red River Farm Network.

Episode Description: In the latest Well Grounded podcast, Jaysen Menke from Acres and Shares and Randy Koenen from RRFN visit with Wells Fargo Chief Agricultural Economist Michael Swanson. Rising interest rates and a changing farm economy will eventually influence farmland values. What is the impact? Find out more in this podcast.