After several years of declines, farmland prices have shown some stability–in certain areas–in 2017.
But Randy Dickhut, who heads up real estate operations for Farmers National Company, thinks it’s a temporary lull in a continued downward trend.
“I think the trend would continue to be slowly downward,” says Dickhut. “Just the nature of the farm economy we’re in right now and waiting to see what type of crop yields we have this year, the regional differences, and the commodity prices.”
Dickhut says there could be more land coming onto the market this fall.
Continue reading Steady land market defies trend at Brownfield Ag News.
Copyright © 2024 Indiana Farm Bureau®, Inc. is a member of the American Farm Bureau Federation®, a national organization of farmers and ranchers including Farm Bureau® organizations in 49 other states and Puerto Rico, and is responsible for Farm Bureau membership and programs within the State of Indiana.