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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Reported results include stronger in-season nitrogen response, average yield gains of more than seven bushels per acre and more than $18 per acre in net return.
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Acreage shifts could impact pricing and marketing plans.
During opening remarks, Rollins emphasized the strength and perseverance of the agricultural community, while teasing that a new policy announcement is expected later this week.