Articles tagged under: Bryon Parman

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…
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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…
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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…
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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…
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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…
Latest NewsAg Business

North Dakota Patureland Rental Rates Increase

Published May 9, 2022

Data compiled from the North Dakota Department of Trust Lands annual survey indicates pastureland values increased 11.5 percent while rental rates stayed relatively even. NDSU Extension ag finance specialist Bryon Parman says this could be lingering effects of the drought.…
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Well Grounded – Episode 11

Published May 2, 2022

In latest episode of the Well Grounded podcast, NDSU Extension agriculture finance specialist Bryon Parman talks about the dynamics in today's land market. The 2021 net farm income in North Dakota was one of the best years on record. "It's…
Latest NewsAg Business

Cropland Prices Increase

Published April 18, 2022

Cropland prices, on average, increased 10.9 percent from 2021 to 2022. In contrast, statewide cash rent only increased 3.1 percent. North Dakota State University Extension Agricultural Finance Specialist Bryon Parman said there are differences regionally. "The southeast increased just over…
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