CEDAR FALLS, Iowa (RFD-TV News) — Uncertainty across agriculture continues to affect farmland values, but demand for high-quality ground remains steady in some areas.
Terry Kestner, outgoing president of the American Society of Farm Managers and Rural Appraisers, joined us on Wednesday’s Market Day Report to discuss the land market and the organization’s education efforts.
In his conversation with RFD-TV News, Kestner said buyers are still willing to pay for quality farmland, with factors such as drainage and farming efficiency playing a role alongside productivity.
As land quality declines, however, values are showing more weakness and some properties are failing to sell. Kestner said recreational farmland has shown some strength because buyers in that market typically earn their income away from the farm.
ASFMRA is also expanding its education offerings beyond its usual locations by taking courses to different parts of the country. Kestner said the goal is to bring classes closer to members while also attracting nonmembers who may be interested in the organization.
LEARN MORE: https://www.asfmra.org/education/education-calendar
