Strong Farmland Market Reported
“Very strong yeah just a wild ride it’s a phenomenal increase in values in the last year and a half two years.”
Farmers National Company Senior Farm Manager Doug Bergemann says we’re seeing historically strong farmland market prices:
“In general for sure double digit anywhere from 15 to 25 30% and depending on different regions and different counties.”
Bergemann says rising interest rates are putting pressure on land values heading into 2023.
