While the amount of farmland for sale has been limited, the market has been strong. “There has been a lot of pent-up demand and there has been a void of good quality land for sale,” said Kyle Nelson, Farmers National Company. “When commodity prices are strong, that also bodes well for optimism.” During the Big Iron Farm Show, Farmers National Company was part of a land seminar in the Red River Farm Network building. The proposed tax law changes were seen as one factor that has brought more land to the market. Technology, such as online bidding, was cited as a trend for the future. COVID is seen as something that accelerated the move toward technology. ‘The New Normal: What’s Next in the Land Market’ was the name of the sessions that took place Tuesday and Wednesday. These programs can be found online.
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