BLOOMINGTON -- Land values, solar lease revenue streams and the farm economy in general will be the topics of discussion at the 2019 Illinois Land Values Conference set to be held on March 21 in Bloomington. The event is sponsored by the Illinois Society of Professional Farm Managers and Rural Appraisers.
“Our program will open with a presentation by David Widmar, an agricultural economist who specializes in ag trends and the farm economy,” reports David Klein, AFM, ALC, with First Mid Ag Services, Bloomington. “He will focus on key trends to monitor in 2019 and their impacts that relate to farmland values and returns.
“Then we’re going to have an analysis of the revenue streams that can come from wind and solar leases. This will be presented by Brad Haight, a founder of LeaseGen, LLC,” Klein explains.
The all-morning program will also feature a panel discussion among farm managers, appraisers and industry representatives offering their perspectives on land values and lease trends.
The final presentation will be an overview of farmland values and lease trends as reported in the 2019 Farmland Values and Lease Trends Report, copies of which will be distributed to all attending the event. This annual report provides region-by-region sales and lease trends data collected and compiled by members of the ISPFMRA, the Illinois Chapter of the Realtors Institute and the University of Illinois.
The event is scheduled for 8 a.m. until noon and will be held at the DoubleTree by Hilton in Bloomington. It is open to the public. The registration fee is $70 for ISPFMRA and RLI members and $85 for non-members. Preregistration is not required.