Demand for farmland is good, but supply levels are concering economists.
The Farmland National Company found there are more buyers than sellers in today’s market. Land values have held steady in farm country, but pressure continues to mount over low prices and high inputs. However, real estate pros say farmers are still the primary buyers of ag land.
Across the industry, leaders say listings are down around 25 percent from active times between 2020 and 2023.
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Land values are increasing faster than farm income, making it more challenging for young and beginning farmers to expand, but supporting equity for current landowners.
