Ag land continues to hold value despite some predictions that prices would level or even fall this year. However, analysts say quality ground is still in demand.
Paul Schadegg with Farmers National Company says the land market is very resilient and high values are still being paid.
Looking ahead to next year, he believes farmers will continue looking for more land to buy and says they will likely remain motivated to purchase it. A report from People’s Company agrees, saying buyer demand is high, and they note there are more people wanting to own farmland than is actually available.
