Grain and oilseed markets have not been boring in 2022/23. In the run-up to spring seeding, the war in Ukraine sparked substantial price increases. Simultaneously, inflation sprang from the embers of the COVID lockdowns and accompanying public policy. Already vulnerable populations faced increased concern about food shortages. Input costs soared due to logistical problems and supply concerns.

According to farm financial experts, the escalation of land value is shifting the farm-financial paradigm and may change the firmly rooted impulse to build farm operations primarily upon owned acres.