In today's podcast Paul has a conversation with Reid Weiland, a sixth generation farmer based in North Central Iowa. Reid's operation has focused more on the infrastructure than purchasing land to grow and become more efficient. We also discuss the benefit of being in a peer group and his time farming in Brazil, where more importantly he met his wife.
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In today's podcast Paul does a solo podcast discussing how a farmer can take advantage of a Section 1031 tax-deferred exchange. But Paul also reviews some of the pitfalls if farmers are selling land with improvements. In many cases this will result in gain that the farmer was not counting on.
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In today's podcast Paul has a conversation with Chris Barron of Ag View Solutions. We review updated cost estimates for 2024 corn crop plus review the cost of carry of corn or soybeans.
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In today's podcast Paul has another conversation with Jim Rothermich of Iowa Appraisal. The peak of land values was around June 2022 and values have dropped about 6% since then. If crop prices stay low, there is a good chance for another 15% or so drop, but prices still remain strong but for how long.
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In today's podcast, Paul has a conversation with Jim Angell, an attorney in Salina, Kansas that works primarily with farmers. We discuss some of the pitfalls of succession and estate planning along with how difficult it is to attract attorney's and CPAs to rural America.
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