By: Paul Dietmann Senior Lending Specialist, Compeer Financial As they begin the process of searching for their first farm, the question of affordability arises in the minds of farmers. Should they be looking at farms in the $300-400,000 range, or can they afford something priced at $800-900,000? The answer to this question consists of three […]
farmland
Inheriting Land: Challenges and Opportunities
Submitted by Terra Brockman on Tue, 06/03/2014 – 7:59pm Like many farmland inheritors, Kris McIntosh and her sister Kathryn knew next to nothing about farm management when they took over the land that has been in their family for more than three generations.Both sisters have families and jobs some 150 miles from their central Illinois […]
Transcending Self
Submitted by Terra Brockman on Wed, 02/12/2014 – 10:49pm Last Saturday, on yet another frigid and snow-swept day, some 20 people gathered to talk about the future fate of their farmland. As introductions were made, it became clear that every person’s family farmland situation was different, and many were complex.Yet a common undercurrent ran beneath each […]
