Insight into Farmland Values: A Comprehensive Recap & Outlook

In this week's North American Ag Spotlight Chrissy Wozniak sits down with Dr. Bruce J Sherrick to talk farmland values, the current economic landscape and Bruce's outlook for the future. 

Dr. Bruce J. Sherrick, is the Marjorie and Jerry Fruin Professor of Land Economics, and Director of the TIAA Center for Farmland Research in the Department of Agricultural and Consumer Economics at the University of Illinois.   He also serves on the Board of Leading Harvest, and a variety of financial service company boards and advisory boards.  He was nominated by the President and Confirmed by the Senate to serve on the Board of the Federal Agricultural Mortgage Association, or Farmer Mac where he served as chair of Audit through 2020.  Dr. Sherrick teaches undergraduate and graduate courses in applied finance, and financial modeling. He has been recognized on the List of Teachers Ranked as Excellent 19 times and has won Outstanding Teaching awards in both his College and Department, as well as the Hughes Teaching Enhancement Award at the University of Illinois, and the College of Agricultural, Consumer, and Environmental Sciences Paul A. Funk Excellence Award.

Dr. Sherrick’s research is concentrated in the areas of farmland values, market structure, risk analysis, crop insurance evaluation, and performance, and modeling of risk for financial institutions. He is also one of the faculty members who have created and maintain programs at the farmdoc and farmdocdaily websites, the multiple award winning agricultural decision making support program at the University of Illinois (http://www.farmdocdaily.illinois.edu/). 

Dr. Sherrick earned his Ph.D. from The Ohio State University with subject matter fields in Finance and Marketing.  Dr. Sherrick is also managing partner of integrated Financial Analytics & Research (iFAR), a consulting firm in Champaign that specializes in developing private market insurance models, credit risk assessment, and modeling of agricultural finance institutions, and is also an author/coauthor of the FAST (Financial Analysis and Solution Tools) suite of decision tools supporting agricultural producers and lenders. 

Learn more about Dr. Sherrick's work at https://farmdoc.illinois.edu

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