A lot has changed in the ag sector over the last several years, including land values. The market has seen record highs lately, but real estate pros say it appears to be settling back down.
Despite s sharp spike with interest rates and declining grain prices, land values held steady. However, Farmers National Company says some areas are seeing single-digit decreases in values. Less productive farms are seeing anywhere between five and 10 percent decreases, but productive ground is still selling at top dollar.
When it comes to buyers, the group says farmer operators are still the primary buyers of farm acres.
