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
  • Crop Tech Corner Researchers have developed GE wheat that yields far better under hot conditions, a wheat gene is ...
  • The Attraction of Youth Combine genotyping with a yearling bull, or even a weanling, and you're less likely to make a poo...
  • Kubota Steps Up A new mid-range, high-horsepower M7 tractor moves this company into the row-crop arena.
  • SCO Sticker Shock Costs and potential disconnect with county yields make the Supplemental Coverage Option a hard se...
  • Clean Water Goes a Long Way Cleaning up 900 feet of a small creek in Kentucky brings rebirth to water once choked with sedime...
  • Beef Checkoff Effort Resumes Members of the eight organizations comprising the Beef Checkoff Enhancement Working Group were se...
  • Ag and Environment Outlook Agriculture continues to watch how the U.S. Environmental Protection Agency implements the propos...
  • Surgery on Plastics Dharma Kodali's goal is to insert soybean oil in the basic ingredient list for PVC plastics.
  • Ask the Vet How should I treat a cow with a swelling on her flank?
Related News Stories
Farmland Outlook
Finance Outlook
Give Your Pond New Life
Clean Water, Healthy Pastures
Clean Water Goes a Long Way
Land Market
Cash Rent Calamity?
Land Market
Water Quality
Conservation Threats