Significant declines in 2025 cash rents expected amid negative returns for 2024

Significant declines in cash rents are expected in the year ahead, which land professionals say seems warranted given the low returns expected for 2024.

Dr. Gary Schnitkey with the University of Illinois spoke with RFD-TV’s own Tammi Arender on average cash rents in his state, current projections for farmland returns, and big takeaways for producers.