A Strong Farmland Market

Farmland values continue to trend higher going into the end of the year. Farmers National Company Senior Vice President Matt Gunderson says good quality farmland always sells well. “We’re even seeing some average land selling well at auction. You can never discount localized demand.”  A significant amount of farmland has been available. “There are several factors driving that, I would call it headline-based issues like capital gains taxes and stepped up basis this past summer.”