Strong demand for land keeps lease rates high


Issue Date: February 19, 2014

Farm profits remained strong in 2013, keeping the demand for land leases steady, according to Farmers National Co., the nation's leading farm and ranch real estate company. Despite lower commodity prices and decreased gross incomes, farm profitability remains good due in part to a 30 percent drop in fertilizer prices since 2012 and carryover grain sales from the previous crop year.

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