Tag Archives: farm ground

New Cash Rental Survey Shows Some Downward Trends

The latest USDA cash rental survey shows decreasing rental rates in some areas of Missouri, says University of Missouri Extension agricultural business specialist Joe Koenen. USDA’s National Agricultural Statistics Service (NASS) released its annual survey September 9th. Atchison County in extreme northwest Missouri topped the state report with rental rates of $192 an acre, with […]

New Ag Productivity Values for Farm Ground Won’t Necessarily Equate to Higher Tax Bills

For the first time in 20 years, Missouri agricultural productivity values have been raised by the Missouri State Tax Commission, meaning assessed valuation of farm ground in Scotland County has gone up just in time for tax season. The productivity values, which had not been changed since 1995, raised from $55 for the top ground, […]

State Tax Commission Hikes Property Value Rates of Farm Land

After watching farm profits increase in past years due to higher markets for corn and soybeans, the Missouri State Tax Commission has enacted guidelines to allow taxing entities to get a larger piece of the pie. The Missouri State Legislature took no action on the proposal, allowing the commission’s plan to take effect, hiking rates […]