May 2024 Wallace’s Farmer MarketPlace Extra
As we learned in Econ 101, when the supply of something is large, relative to the demand, the price normally softens; and when the supply of something is scarce, relative to demand, the price normally rises. This simple relational idea carries over into the farmland market.
Planting Season 2024
Let's discuss soybeans and look ahead to October's harvest. Two things determine soybean yield: the number and size of the beans.
David Krier, AFM, Earns Highest Professional Status
Hertz Farm Management is proud to announce that David J. Krier, AFM, has been awarded the Accredited Farm Manager (AFM) designation from the American Society of Farm Managers and Rural Appraisers® (ASFMRA®).
April 2024 Wallace’s Farmer MarketPlace Extra
I often think of crop input prices as the ingredients to the recipe for growing a crop. Whenever we have either more ingredients and/or more expensive ingredients going into the recipe, it can impact the outcome.
21 Hertz Professionals Recognized as Part of RLI’s APEX Producers Club
Hertz Farm Management is proud to announce that twenty-one professionals have been recognized as a part of the APEX 2023 Producers Club by the REALTORS® Land Institute
March 2024 Wallace’s Farmer MarketPlace Extra
Interest rates are a major undercurrent to our entire economy. The impact of interest rates is most easily understood as a consumer of goods and/or real property...
February 2024 Wallace’s Farmer MarketPlace Extra
I get the chance to speak to many groups about farmland, and each time, I am asked about what drives the land market. There are many underlying factors that can impact land values from area-to-area, including special uses and development factors.