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Agriculture This Week: Finding acres for niche crops not easy

The cropping landscape of the Canadian Prairies is an interesting one in the sense two crop whales – canola and wheat – dominate acres in a huge way, and all the other crops and farmland uses acting like a school of small fish going after whatever acres they can muscle away from the big two.

It's not easy grabbing acres from canola, which while having high input costs, and greater risk as a result should a crop disaster strike, it is still the option with the big gross return potential too, and that always looks good on a ledger plan.

Wheat by contrast doesn’t offer the big dollars per bushel, but the agronomics of producing a good crop are well-understood, and it makes a good rotation companion for canola so it gets acres.

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Iowa Land Values Rise Again - Dr. Wendong Zhang

Video: Iowa Land Values Rise Again - Dr. Wendong Zhang

Wendong Zhang has been a part of the Iowa land values survey from Iowa State University for more than a decade. The snapshot itself dates back to the 1940's. With that history in mind, Zhang returned from his new position at Cornell University to lead the 2022 survey. Several factors are playing in the rising values for an acre of land. We discuss the possibility of those same factors playing out again in 2023 and new ones to watch.