ISPFMRA Land Values Conference March 27

BLOOMINGTON, Ill. — The Illinois Society of Professional Farm Managers and Rural Appraisers’ annual Land Values Conference will be held March 27.

The event will take place at Doubletree by Hilton, Bloomington, from 8 a.m. to noon, according to Luke Worrell, overall chair of the Land Values project.

Worrell stated that this year’s keynote message will be from David Kohl, professor emeritus at Virginia Tech. He will address “The economic pulse of agriculture.”

That will be followed by a presentation on Section 180 tax deductions for farmland, presented by Alec Bean, CEO and owner of Agricultural Soil Management, based in Champaign.

Been will address how land buyers can maximize tax savings through residual fertility deductions and smart farmland investment plans. He will present strategies to implement this program on farmland purchases.

The final event of the morning will be discussion on the results of the recently completed survey among ISPFMRA members, farmers and others allied with the industry on current farmland values and trends across Illinois.

All attending the conference will receive a printed copy of the Farmland Values and Lease Trends Report.

New for this year is the report will be made available free of charge as a downloadable PDF from the ISPFMRA website at www.ispfmra.org after the event. Printed copies will still be available for purchase.

Extra copies picked up at the conference will be $8 each. Copies that will need to be mailed will cost $20 each.

The fee for attending the conference is $90 for ISPFMRA members and those associated with the Realtors Land Institute, $100 for others. This includes one copy of the printed report.

No advance registration is required to attend and individuals may pay at the door on March 27.