The current farm economy softened the land market. Farmers National Company Senior Vice President of Real Estate Operations Randy Dickhut says land buyers are more cautious. “There’s still a lot of capital in most areas to buy farms, but the buyers and investors are being more cautious. They don’t have to overbid to get a property,” says Dickhut. “There is still strong demand for good quality farmland.” Dickhut is talking to more landowners about selling, which is typical through the summer. “I think it will be interesting to watch the land market move into the fall and early winter time frame. It will be interesting to see how this shakes out with the trade uncertainties.”
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