February 6, 2017 Author: Murray Wise Associates
As this is written, it is almost certain that the Fed will increase short term rates in 2017. In addition, rates have already been trending up slightly for the past few months. Inflationary pressure is peeking around the corner in the form of higher wages (including the many minimum wage laws effective January 1, 2017) and an apparent growth trend. Oil prices are also trending upward modestly since the recent OPEN agreement. In addition to signaling rate increases, the Fed has intimated that it would not be displeased with an incremental increase in inflation.
Murray Wise founded the Westchester Group in 1986 after acquiring the Champaign, IL division of the Sandage Companies, a traditional farm management and brokerage firm…
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We had a great crowd with very active bidding today as 1,002 acres was successfully sold in Northern Ohio for $5,100,000. pic.twitter.com/2UL9xOCTa4
"IOWA, Webster County - In a leaseback sale, 142 acres of farmland sold to an investor for $1.19 million, or $8,380 per acre. The seller will continue to farm the property." -Farmland Sales Report https://www.dtnpf.com/agriculture/web/Ag/news/business-inputs/article/2018/02/26/farmland-sales-report?referrer=twitter#.Wp2jv1As73Y.twitter …
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Stop by and see us today at the @ChicagoFarmers expo! #FarmlandForum2018 #ChicagoFarmers pic.twitter.com/jIylFyXjju
Murray Wise Associates LLC
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Champaign, IL 61820
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Real Estate and Farm Management
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