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First Mid Ag Services News

  1. Midwest Farmowner Summer 2023

    July 27, 2023

    The latest issue of the Midwest Farmowner has been published covering topics such as cover crops, crop insurance, and staff updates.  For the full publication please us the link below. Midwest Farmowner Summer 2023

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  2. Does farmland lose value in drought?

    July 10, 2023

    Land Values: Looking back over time and droughts, the answer might surprise you. By: Michael Lauher Farm managers are hearing it more and more often: How does the drought impact farmland values? It’s a question that’s weighing on the minds of many as we approach the fall farmland sale season. According to data released by […]

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  3. Income surges from alternative farmland leases

    June 14, 2023

    By Michael Lauher Every year presents a unique blend of challenges and rewards for farming. Few things have as much impact on a farming operation as land rent. In Illinois, 2022 proved to be exceptional for farmers and, subsequently, landowners, as reported in the recent survey by the Illinois Society of Professional Farm Managers and […]

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  4. Is 2023 another 2012?

    June 6, 2023

    Illinois Climate & Water Patterns: A Look at Recent Trends and the Prelude to the 2012 Drought By: Michael Lauher My boss, Cory Kaufman, stopped by my office last week and asked, “Have you looked at the Drought Monitor map lately?”.  In fact, I had when doing research on another article.  “It looks awful similar […]

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  5. How Climate Change May Affect Your Farmland

    June 5, 2023

    By: Michael Lauher As summer approaches and the temperature climbs higher, the air hums with the energy of the season, with each day bringing warmer temperatures.  As we bask in the familiar comfort of summer, our thoughts may shift to a new rhythm emerging in our agricultural landscapes. Thirty years ago, when I first shared […]

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  6. Exploring Organic Production: How a Farm Manager Can Help Guide Farmland Owners

    May 17, 2023

    Exploring Organic Production: How a Farm Manager Can Help Guide Farmland Owners By: Michael Lauher May 17, 2023 As a farmland owner, you can explore alternative approaches to farming that can enhance the value of your property while promoting sustainability. Organic production is gaining increasing popularity due to its numerous benefits for both the environment […]

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  7. Deadline for Pandemic Assistance Application Fast Approaching

    May 11, 2023

    Deadline for Pandemic Assistance Application Fast Approaching By: Michael Lauher The Pandemic Assistance Revenue Program (PARP) is a program designed to reimburse producers for the lower gross revenue in 2020 compared to the previous two years due to the pandemic. This support program is meant to assist landowners who have had a share in a […]

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  8. How to dive deep into farmland history

    April 19, 2023

    How to dive deep into farmland history By:  Michael Lauher Reprinted with permission from an article I wrote for Prairie Farmer in March 2023. Have you ever stood on a piece of ground and wondered about its history? Wondered what it was like when the pioneers first stepped onto it? Where can you find that […]

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  9. Midwest Farmowner Spring 2023

    April 14, 2023

    The latest issue of the Midwest Farmowner has been published covering topics such using exemption amount strategies for taxable estates, farmland values, and staff awards.  For the full publication please us the link below. Midwest Farmowner Spring 20223

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  10. Farmland Values Up 10-23% across the “I states” in 2022

    February 10, 2023

    Farmland values have experienced an incredible bull run since 2021.  Dave Klein, Designated Managing Broker and Auctioneer for First Mid Ag Services, shares insight for the changes in 2022 values from both the Federal Reserve Bank of Chicago as well as data collected for First Mid Ag Services in the article below. Farmland Values up […]

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