Ag land prices have been fairly stable in the past several years despite gyrations of the ag economy.
The latest report by Farmers National Company indicates land values are expected to hold stead where they have a presence.
Randy Dickhut, the Senior Vice President of Real Estate Operations, speaks with RFD-TV’s own Tammi Arender on some of the highlights, if the prices will continue to surge, and what the new year will bring.
According to Dickhut, “Low interest rates are one of the key factors... the additional cash payments from some of the government ad hoc programs have helped the farm income look better, and now we have some much better outlook for grain prices, and that’s improved those cash flows for farmers.”
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