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Farm leases expected to be steady or modestly decrease in 2025

Farm leases are expected to remain steady or see modest decrease for 2025.

Cole Nickerson, with Farmers National Company tells Brownfield…

“Like anything, when profitability and agriculture falls, there’s pressure on them. So we’re still early in that season, but we’re starting to do some different analysis on where break evens are gonna be and what we can do for rents.

He says there is some uncertainty in Nebraska.

“I’d expect flat to maybe slightly lower across the state, but it’s certainly area dependent,” he says.

For farmers wanting to sell land, Nickerson says…

“Be realistic with your expectations,” he says. “You very well may get your price that we received two years ago for your land, but things are a little bit tougher right now. Secondly, consider all your options when you’re selling your ground. It may not be the best time if you have a marginal piece of ground to auction.”

Brownfield interviewed Nickerson during Husker Harvest Days, near Grand Island, Nebraska.

AUDIO: Cole Nickerson, Farmers National Company

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