Articles tagged under: Bryon Parman
Used Equipment Markets Cooling Off
Published February 11, 2024
Farm equipment prices increased dramatically in 2021 and 2022. NDSU Extension Ag Finance Specialist Bryon Parman spoke at the Best of the Best in Wheat and Soybean Research and highlighted how grain hauling equipment did not follow the same pattern…Interest Costs Projected to Increase in 2024
Published December 24, 2023
While production costs are predicted to be lower for farmers in 2024, interest costs may increase. NDSU Extension Ag Finance Specialist Bryon Parman does not anticipate interest rates themselves to be higher but net farm income has backed off creating…Interest Rate Influencers
Published November 16, 2023
The Federal Reserve has aggressively raised interest rates since last year. NDSU Extension Ag Finance Specialist Bryon Parman says interest rates can increase without the Fed's influence. "There are a lot of other factors in the market like treasury yields…Land Values May Level Out
Published October 17, 2023
NDSU Extension Ag Finance Specialist Bryon Parman said land may not be as attractive of an investment with what is happening with interest rates and cash rent. Other investments are getting more interest. “CDs and things like that haven’t really…Farm Income Down
Published October 10, 2023
U.S. net farm income is expected to decline this year. NDSU Extension Ag Finance Specialist Bryon Parman says it isn’t a surprise that farmers will be seeing less profit, considering the economy is coming off of a record year for…Well Grounded: A Year of Record Land Values
Published April 22, 2023
As land prices soared to record levels in the past year, how much did they increase in North Dakota? In the Well Grounded podcast, North Dakota State University Agricultural Finance Specialist Bryon Parman provides insight into state land values. Well…Fertilizer Costs to Increase
Published January 7, 2023
NDSU Ag Finance Specialist Bryon Parman expects fertilizer prices to increase this spring. "Seasonally, we'll probably see a little upswing, but the elevated costs aren't due to seasonal trends, but more so with what's going on around the globe." Parman…Land Values Will Respond to Interest Rate Increases
Published November 12, 2022
Inflation has affected nearly every aspect of production agriculture, including land prices, machinery, fertilizer, and other inputs. NDSU Ag Finance Specialist Bryon Parman expects land prices to eventually decline due to the higher interest rates. "I wouldn't be shocked to…Land Values Follow Commodity Markets
Published October 15, 2022
North Dakota State University Extension Agricultural Finance Specialist Bryon Parman says the cost of pasture ground has gone up hand-in-hand with cattle prices increasing. "National average pastureland prices jumped 11.5 percent; we haven't seen a jump in numbers like this…