Harvest Videos

While the cash rent market in much of the Midwest is flat, Farmers National Company President Jim Farrell says land prices have stabilized and have started to go up. He tells Brownfield the previous drop in commodity prices has been stemmed somewhat by the really wet fall which has made for “nice increases” in commodity prices in the past 50 days or so. That’s affected land prices, “The cash rent market, however, in much of the Midwest is flat going into 2010, especially if the cash rents that were negotiated in 2009 were market,” he says. Farrell says there’s a “tremendous discrepancy” in cash rents from farm to farm right now, “Cash rents escalated almost as rapidly as land values did. So, when we had 70 to 80 percent appreciation in five years, cash rents went up at least that much as well in many locales. Many landowners didn’t raise their cash rents that much. They were still going up five percent a year.” Farrell says it’s not unusual in the central Midwest to have 50 to 125 dollars an acre difference from one farm to the next. He says it simply depends on how well informed the land owner is. As long as farmland remains demand driven, Farrell says, land values will likely continue to grow strong, “Generally in agriculture we’re in a supply market and it’s how much supply we have which drives the price. Right now we’re in a demand market which has been highly unusual for my experience in ag – on the grain side especially, not so much on the meats, but on the grain side.” Farrell tells Brownfield it’s a seller’s market in this recession. With the uncertainty of getting as good a return on it if they sold it coupled with government uncertainty, Farrell says, more people are holding on to their land, “The potential tax law changes that are being considered, the health insurance program, cap and trade it seems like everything is in a state of flux right now and people are very reluctant to make big decisions.” Farrell says people are selling fewer farms as a result. Farmers National’s land sales are down about 25 percent this year. Farmers National is the largest farm and ranch management company in the U.S. Farmers National Company AUDIO: Farmer s National Company, President and CEO Jim Farrell (5 min., MP3)

As a believer in Christ, did you know you're now a citizen of heaven? Pastor Greg Laurie helps us understand what's waiting for us in our eternal home. It's an eye-opening tour of heaven.

Nestle Baking today announced that it expects a shortage of LIBBYS Pumpkin on store shelves as the country enters the holiday season Heavy rains persisted throughout the 13 week harvest in Morton Illinois frustrating efforts to pick the entire crop As a result less pumpkin has been picked and canned leading to an anticipated shortage of LIBBYS pumpkin products as the holidays approach

The Harvest Praise & Worship Center is a multi-cultural non-denominational, contemporary church desiring to create a place where people come and experience the presence of God through worship, and the love of God through His people.

Pioneer Hybrids is in the second year of its launch of its Y Series for soybeans. Senior Marketing Manager Don Schafer for North Amarica Soybeans for Pioneer tells Brownfield the Y Series line has expanded to more than 50 soybean varieties that are providing higher yield and higher quality. Schafer, who s based in Johnston, Iowa, talked with Brownfield s Julie Harker at the recent 2009 NAFB Convention Trade Talk event in Kansas City. AUDIO: Don Schafer, Pioneer Senior Market Manager for Soybeans for North America (4:00 min., MP3)

Heaven can seem so surreal. Today, Pastor Greg Laurie shows us heaven is a real place for real people! Find out what heaven is really like.

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