Picture of the Week: New Combines in Faribault, Minnesota

This picture comes from the Case IH dealership in Faribault, Minnesota. U.S. farmer income is estimated to rise 20% in 2011 thanks to high commodity prices partially offset by increasing production costs, according to the USDA. Increased farmer income will most likely be reinvested by farmers in either machinery or farmland. Since farmers make up the largest buyer of farmland, demand should remain strong for productive ground.

Remember, we are always looking for more agricultural pictures from anywhere in the world. Submit pictures to farmlandforecast@colvin-co.com.

 

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