America’s Land Auctioneer reminds us that land values are driven by fundamentals, not a one or even two year drought.  Fundamentals that drive land values are Interest Rates, Commodity Prices, and Risk Management (Crop Insurance).  The 2021 drought has been damaging to crops and forage throughout the western United States and starting to creep eastward into the Midwest. Still, land values remain strong, mostly driven by fundamentals.

America’s Land Auctioneer’s guest this week is Dr. Gary Secor.  Dr. Secor has been a Professor and Research Plant Pathologist for 43 years at North Dakota State University.  He earned his BS and MS degrees from Montana State University and a PHD in Plant Pathology  from the University of California, Davis.  He is a leading authority in the area of potato disease, disease management, biotechnology, and variety development.  Dr. Secor describes in detail how weather and other circumstances can affect the health of a plant and ultimately the yield of the crop.

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