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Agricultural Real Estate

November 22, 2021

As the 2021 harvest winds down and we arrive at Thanksgiving, we have much to be thankful for in American agriculture. Coming off last year's challenges of the Covid-19 pandemic and dealing with the lingering issues from it, agriculture has mostly survived and prospered here in 2021. Yes, there are farmers, ranchers, and many in the food and ag industries who have suffered more than others, but most persevered for another year. 

  

Challenges abound with droughts, fires, labor shortages, rising input costs, and shipping delays. There are always ups and downs in agriculture no matter what part of the chain you are in or where you live and work. There is next year to look forward to for those who have met the challenges.  

  

As 2021 comes to a close, there are many bright spots in United States agriculture. Yields for many grain producers were better than expected while grain prices are much stronger than the past few years. There is hope for processing and shipping bottlenecks to be righted. 

  

In the end, consumers in the country should be thankful for the farmers, ranchers, and all those involved in the processing and delivering the food we so enjoy each and every day. American agriculture is something we can be proud of and thankful for.

 
 

Note:  There will be no Land Market News next week.

Randy Dickhut  

Senior Vice President - Real Estate Operations 

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