After a volatile and record-breaking past several months for farmland values, a farm real estate specialist says farmland values can be expected to be steady to firmer in the next 6 months. Farmers National Company says the farmland market will be supported throughout 2022 if supply stays moderate and demand remains strong.
Currently, a typical sales season volume marks the normal winter land auction seen this time of year, and no excess land is seen going up for sale. Most high-quality land sales have been strong, surpassing whatever price was expected. That trend is expected to continue through 2022.
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