Bloomington, IL -(Effingham Radio)- The current state of land values and farmland lease trends across Illinois will be the highlight of the 2020 Illinois Land Values Conference which will be held at the DoubleTree by Hilton here on Thursday, March 19. The event is sponsored by the Illinois Society of Professional Farm Managers and Rural Appraisers.
“As we begin 2020 the farmland values seem be holding firm as farmland owners and investors continue to seek the safety and security of this tightly held asset class,” says David Klein, AFM, ALC, First Mid Ag Services, Bloomington, and overall chair of the 2020 Illinois Farmland Values Survey and Conference. He adds that cash rental rates seem to be holding steady across the entire state as well with expectations this trend will continue into 2021.
The results of the complete annual survey among ISPFMRA members and others in the field will be discussed at the conference. A complimentary copy of the 2020 Illinois Land Values and Lease Trends Report will be provided to everyone registering and attending the conference.
Also on the agenda that day will be Kevin Van Trump, author of the Van Trump Report. He will address the assembly with a special presentation “Navigating the Future of Agriculture.’” Adding to the program will be Dr. Bruce Sherrick, Director of TIAA Center for Farmland Research at the University of Illinois. His topic will be “Wait….What just happened? Land Values and the New Order of Ag.”
Klein will be joined by Dr. Gary Schnitkey, professor, Agriculture & Consumer Economics at the University of Illinois, in presenting the overall results of the complete survey.
The program will get underway at 8:30 a.m. that day and should conclude at noon. Registration opens at 7:30 a.m. The cost for attending is $70 per person for ISPFMRA and RLI members and $85 for non-members, payable at the door.
Online registration is available at www.ispfmra.org.