An attractive, highly productive piece of farm ground may attract prices similar to last fall. However, farms with a few blemishes or a lower productivity index score may see values at a lower level. Farmers National Company Sales Manager Troy Swee said a lack of inventory is helping land prices hold. “The number of sales compared to 2021 and 2022 is not there,” said Swee. “It’s hard to keep up that level of sales we had for that same period of time.” Kyle Nelson, who is based in Fargo for FNC, described the land market as ‘chaotic.’ “It all comes down to motivation and opportunity.” Farmers National Company hosted two seminars in the RRFN building during Big Iron callled ‘Have We Peaked? The Latest in the Land Market.’ Click here for the Monday forum and here for the Tuesday session.
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