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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According to the latest Cattle on Feed report, drought brought placement numbers lower.
Market Day Report host Marlin Bohling speaks with Jeremy Zwinger, CEO/President of The Rice Trader and Farm and Trade Inc. in Durham, Ca., to discuss the latest.