Farmland values was a very important topic of discussion at the Farmland Investment Fair put on by the Chicago Farmers. One of the educational sessions on the topic was conducted by Mike Shane, First Farm Credit Services.
Mike told me they focused on what land values are now and what drives them. They can’t predict them of course. He says they’ve see a leveling off of values in recent years and decline in certain areas like the Dekalb, Kane and McHenry county areas around Chicago but if you go further south in the state they’re more flat or even higher. Land is still available and they’ve seen some land sell for as much as $8K in those areas. Interest rates were a question they got asked a lot and right now they’re about as low as they’re going to go.
You can listen to my interview with Mike below.

New things are coming to the cattle industry market from Boehringer Ingelheim Vetmedica. During a media breakfast at the recent Cattle Industry Convention I spoke with Craig Jones, Sr. Associate Director Cattle Services. He told me that the company has had great interaction with producers who have been visiting with them in their booth.
From Puerto Vallarto to Memphis, TN. Now that’s culture shock. But I’m here at the
The new U.S. Grains Council senior vice president of operations and industry relations is Keith Heffernan, pictured in the middle here. He was chief of staff for the Farm Credit Administration. Keith was also the first executive director for the Iowa Corn Growers Association; director of public affairs for the Iowa Farm Bureau Federation; assistant director for the Center of Agricultural and Rural Development at Iowa State University; and chief of staff for USDA’s Rural Development. In other words, he’s got a lot of qualifications to work in this new position.
Here at the U.S. Grains Council International Marketing Conference n this morning’s general session we had a panel discussion on trade with Mexico. In the discussion attendees were able to ask questions and answers. In fact, it was mostly a Q&A session. Allan Mustard, Minister Counselor, Office of Agricultural Affairs, US Embassy, Mexico City, introduced our panel.
Cindy is working at the National Ethanol Conference and captured the speech from the Reverand of Renwable Fuels,