NEWS
Elizabeth Williams DTN Special Correspondent
Mon Feb 3, 2014 08:14 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
  • Crop Tech Corner In this week's Crop Tech Corner, a community of Arkansas farmers have successfully banded togethe...
  • Market News AgriClear is not an auction, but an online digital sales floor where buyers and sellers negotiate...
  • UAS Research Takes Off Key members of the House and Senate last week praised the Federal Aviation Administration for sel...
  • "Total Market Isn't Dead" Used equipment inventories are escalating.
  • Rain, Rain, Go Away Waterlogged and flooded fields in much of the Midwest are putting corn and soybean fields at risk...
  • Feds to Examine Biotech Rules In a memo to USDA, FDA and EPA, the White House stated that a review of biotech regulations was n...
  • Evolution of Farm Kid Jobs DTN Staff Reporter Russ Quinn reflects on the farm activities of his youth that his children will...
  • IARC: Possible 2,4-D Cancer Link The International Agency for Research on Cancer has classified the herbicide 2,4-D as possibly ca...
  • Ask the Vet How do I know what minerals my cows need and how much?
Related News Stories
Farming With Friendlies
Rain, Rain, Go Away
WOTUS Fine Print
Crops Swim in Texas
Explore Your Roots
US Wins WTO Case Over India
Final WOTUS Rule Released
Work on Global Soil Security
Calif. OKs Voluntary Farmer Water Cuts
New Water Cuts for California