Ag News Update

With the heartland on the market right now, it's extremely important for those who want to sell a farm to be sure that they expose it to the whole marketplace. Use some some sort of competitive bidding process that potential buyers can establish the high bid, knowing the local land market critical to deciding what competitive bidding process to use. determining factors when looking at the local land market include the type and quality of land for sale customs of local land buyers and expectations of the seller. The sales process that works in one area may not in another, so it's essential to know the market and land. One traditional method for competitive bidding is the public outcry auction, which is a common way to sell farmland in the heart of the Corn Belt. Now today, it's beneficial to do a simulcast auction, which broadcasts the live auction online viewers and registered online bidders who can place bids electronically, right along with the in person crowd bids for both online and in person bidders are posted on a screen for all to see that makes the process fully transparent.

When 2020 the federal government provided assistance to farm operations that experienced losses because of COVID-19. The aid came in the form of loans with a paycheck protection program and payments from a couple of iterations of the Coronavirus Food Assistance Program c fat one and C pap two, PPP was administered by the US Small Business Administration. It provided loans to small businesses to help them keep the workers employed during the pandemic sci fi app was administered by the USDA Farm Service Agency. 

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