Farm Property Taxes, Part I

By Brent Gloy and David Widmar


A topic producers frequently mention to us is property taxes. After the farm economy boom pushed farmland values higher, property taxes for most went higher. The burden of higher property taxes has become more painful now that farm income has been persistently low over the last 4 years. This week’s post is the first of a two-part look at farm property tax expense. This week we evaluate property taxes trends at the sector-level. (more…)