“Resilient” is the word Brent Qualey uses to describe the current land market. “We could think of a hundred different reasons why land prices should be down, such as commodity prices and tariffs, but we have found over the last three or four years that the land market very resilient.” Qualey, who is in real estate sales for the Farmers National Company, says 70-to-80 percent of the land is sold to farmers. In addition, land rents have not been pressured by the weakness in the grain markets. “There continues to be good demand for renting farmland, especially good quality farmland,” said Eric Skollness, farm manger, Farmers National Company.
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