Land sales continue strong upward pace in Q1 of 2022

A farm real estate expert says high commodity prices and better yields last fall has created a sellers’ market for farmland.

Randy Dickhut with Farmers National Company says the competitive market has led to record demand for farmland in the last six months.  “Land prices started to take off and with those higher land prices the more people, mainly non-operating landowners, decided to sell.”

He tells Brownfield the dollar value of sales increased 130 percent and the number of acres sold was up 106 percent in the last six months.

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