Murray Wise Ag Notes.

Quit fretting over this year's commodity prices. This is a great time to buy farmland.

November 24, 2015

To read the headlines, you might get the idea that farmland prices are teetering on a ledge, poised for a big fall. The common script is that weak commodity prices will pull land prices down with them. So why did 160 acres of farmland in Champaign County, Illinois, sell on Nov. 18 for $13,156 per acre?

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Time to have those hard conversations about rent

September 28, 2015


Most of our day-to-day conversation lately has addressed short term questions. How big will the harvest be? What does the future hold for commodity prices? What's the direction of land prices and rents? Those are natural questions, especially this time of year when the harvest is taking shape. But most of these are factors over which we have little control in the short term.

 So let's talk about what we can control: Rent. Specifically, rental agreements based on commodity prices that no longer exist.

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Murray Wise Makes Sense of Mixed Signals On Farmland - June 2015

June 1, 2015

Now that the crops are in the ground, Murray Wise connects the dots in the current marketplace, looking at current commodity prices, anticipated crop size, carryouts, and the impact of all this on farmland prices. Click the link and listen to this 14-minute conversation while you drive or work out! Read more

Professional farm management even more important in a complex market

May 22, 2015

For several years now, everybody’s focus has been on farmland prices, and notably on the dramatic rise in prices per acre. But now, we’re seeing a shift to something even more basic: Farm profitability.

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Illinois auctioneers lose one of their own

April 15, 2015

We were greatly saddened last week to learn that Terry G. Wilkey, of El Paso, had passed away at the age of 61. Terry was a very fine auctioneer who had on several occasions called sales for Murray Wise Associates.

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2015 shaping up as year of disappointments for farmers and investors alike

April 14, 2015

After a decade of cheery headlines about roaring farmland prices, we now seem to have one report after another telling us land prices are falling and projecting more of the same. But how much?

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Scholarship Updates

February 26, 2015

One of the highlights of my career is my ability to help deserving young people pursue their education for careers in agriculture. Students and counselors will want to take note of the opportunities described below, and I hope you’ll also enjoy reading about some recent scholarship recipients.

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Time to Buy or Time to Sell?

January 27, 2015

People are constantly asking me whether it’s a good time to buy farmland. Others want to know if it’s a good time to sell. The answer is yes to both – depending on your needs and objectives, of course. I talk about why in these two short landcasts. Happy listening!

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Helping ag students learn to value farmland

December 10, 2014

Helping ag students learn to value farmland

“What will my farm bring?”

That is one of the most difficult questions I hear from people who are trying to decide whether to offer their farmland at auction. Markets are constantly changing, and no two farms are exactly alike.

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Murray Wise in Progressive Farmer: "Still no better place for cash than farmland"

November 10, 2014

I had the privilege of speaking at length recently with Victoria G. Myers, Senior Editor of Progressive Farmer Magazine. Here's an out-take based on my comments, which appeared in the November edition. (Used by permission.)

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About Murray Wise

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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