LAND MANAGEMENT NEWS
Farmland Rally Hits Pause
Elizabeth Williams DTN Special Correspondent
Mon Feb 3, 2014 08:23 AM CST

DES MOINES (DTN) -- Professional farmland investor Bruce Rastetter's firm won only four sales out of approximately 400 auctions it attended last year, but the Iowan thinks the tide is turning now. Disappointing 2014 commodity prices may finally curb overly aggressive bidders and give outsiders a fighting chance.

"Overpaying doesn't work for investors," said Rastetter, CEO of the Summit Group and Summit Farms, who personally owns 20,000 acres in Iowa and Nebraska and another 12,000 acres with high-net-worth partners. "But as the market stabilizes or sets back, those who have been patient will be rewarded in the long term."

His ...

Quick View
  • The Trouble With Talc Planting can be dusty work, but a little housekeeping is in order to protect pollinators this spr...
  • Fescue Workaround Fescue can be a challenge, but Butch Foster said he and his dad, Bob, put 200 to 250 pounds on ca...
  • Ask the Taxman by Andy Biebl Readers pose tax questions on how to justify repairs, handle capital gains on a residence and com...
  • $3 Corn Subdues Bids March auctions show cash rent shocks could mount in 2016.
  • Sample With Precision Dan Davidson looks at how to measure the horsepower of your soil with the Solvita soil respiratio...
  • USDA Defines Actively Engaged Under the 2014 farm bill, family operations are exempted from proposed changes in actively engage...
  • New Paths Max payments forecast in areas of hardest-hit 2014 corn yields.
  • She's Got It All Alicia Mielke is a farm girl originally from Harrington, Wash., who continues to lend a hand to h...
  • Ask the Vet Would a bull with an undescended testicle or one that was a hard pull at birth be worthy of breed...
Related News Stories
Sample With Precision
Farm Program Countdown - 1
$3 Corn Subdues Bids
Field Filters
Field Filters
Soil Health - 1
Soil Health - 2
Soil Health - 3
Neb. Court Slows Keystone
Sustainable Partners