The USDA recently released farmland data, highlighting another year of increased values. Acres and Shares broker Jayson Menke says it is too early to get a handle on current trends. “Most of the farmland is sold from fall until spring so we’ll have a better indication in the next month of two as we get some fall land sales under our belt.” The amount of land on the market may be leveling out. “Like any market, the land market is cyclical. I’m not predicting that we’ll see a correction this winter, but we’re maybe not that far off from this plateau or correction.”
