Bryon Parman | Red River Farm Network

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…

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.…

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…

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…

No End in Sight for Supply Chain Headache

Published February 18, 2022

NDSU Extension Ag Finance Specialist Bryon Parman believes it will take time to work through the current supply chain shortages. "There'll probably be some relief by next year, but I don't see any relief before planting." This has been a…

Core Inflation Increases Dramatically

Published May 14, 2021

This past week, the Consumer Price Index posted its largest month-over-month increase in core inflation since 1982. NDSU Extension Ag Finance Specialist Bryon Parman says the calculations are based off of economics of late April 2020. That was at the…

Well Grounded – Episode 2

Published April 23, 2021

The latest land values and rental rates have been released by NDSU Extension. In episode two of Well Grounded, Extension agriculture finance specialist Bryon Parman talks about the survey results, including land value trends and differences compared to previous years.…

Northern Plains Net Cash Farm Income Won’t Change Much

Published February 15, 2021

Net cash farm income for the Northern Plains in 2021 isn’t expected to change much from 2020. NDSU Extension Ag Finance Specialist Bryon Parman says the rally in market prices is going to help farmers. "The Heartland is expecting a…

Articles tagged under: Bryon Parman

Fertilizer Costs to Increase

Land Values Will Respond to Interest Rate Increases

Land Values Follow Commodity Markets

North Dakota Patureland Rental Rates Increase

Well Grounded – Episode 11

Cropland Prices Increase

No End in Sight for Supply Chain Headache

Core Inflation Increases Dramatically

Well Grounded – Episode 2

Northern Plains Net Cash Farm Income Won’t Change Much

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Articles tagged under: Bryon Parman

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