Farm margins are projected to tighten this year as skyrocketing input prices and the high cost to do business weigh on returns.

 

Russ Hiatt of Hiatt Farmland Service in Champaign says that could leave the farmland market “in a holding pattern.” Hiatt has seen these types of cycles before during his 42-year career in farm management, and shares his 2023 outlook.

 

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