Farmland values started to rise last fall and continue to hold strong. Farmers National Company Northern Region Vice President Terry Longtin says the commodity market has helped drive land values. “I would say the buyers are the same, it is mainly farmers,” said Longtin. “There’s certainly investors in the market, but the vast majority of the land still being purchased by farmers.” Longtin said optimism remains high. “We went from a drought to too much moisture all in about eight months so certainly the tide has turned with the weather. We can have a lot of good weather between now and harvest so we can have a pretty good crop in North Dakota, and northwest Minnesota.”
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