Bryon Parman | Red River Farm Network

The Challenge of the ‘Average’ Farm Year

Published November 14, 2024

Describing an average year for farming is not an easy task. “The challenge with agriculture is that rarely do we ever hit the average year,” says Bryon Parman, agricultural finance specialist, North Dakota State University. Farmers are entering a new…

Fertility Decisions

Published October 18, 2024

Nitrogen fertilizer products have been on a downward trend. “They’re basically down 50 percent across the board from where they were the spring of 2022,” said Bryon Parman, agricultural finance specialist, North Dakota State University Extension. Phosphorus and phosphate fertilizers…

Is the Decline of Net Income Softening Farmland Values?

Published September 20, 2024

As net farm incomes climbed to new highs in the early 2020s, so did farmland values. With 2024's farm income reversal, NDSU Agricultural Finance Specialist Bryon Parman expects farmland values to follow that downward trend. "There's been a pretty rapid…

Pastureland Values Rise

Published May 8, 2024

For the fourth year in a row, pastureland values in North Dakota have increased. According to North Dakota Department of Trust Lands Annual Land Survey, cash rents for pasture ground will go up more than four percent this year, topping…

Well Grounded

Published May 3, 2024

The Well Grounded podcast is a presentation of Acres and Shares and the Red River Farm Network. In this edition, our guest is Bryon Parman, agricultural finance specialist, North Dakota State University, who breaks down the annual land values survey.…

Monitor Interest Rates

Published March 23, 2024

Crop production expenses have more than doubled over the past 30 years, even outpacing inflation’s rate of 2.3 percent. NDSU Assistant Professor Bryon Parman says that this rate of increase is fairly consistent and aligns with production numbers over that…

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…

Articles tagged under: Bryon Parman

The Challenge of the ‘Average’ Farm Year

Fertility Decisions

Is the Decline of Net Income Softening Farmland Values?

Pastureland Values Rise

Well Grounded

Monitor Interest Rates

Used Equipment Markets Cooling Off

Interest Costs Projected to Increase in 2024

Interest Rate Influencers

Land Values May Level Out

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Articles tagged under: Bryon Parman

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