Despite higher interest rates, Farmers National Company Senior Vice President Matt Gunderson has not seen farmland prices come down. “Prices have been holding fairly decent and so that’s creating a lot of cash out in the country,” said Gunderson. “They’re turning around and redeploying that cash into a hard asset and its land.” The addition of specialty crops to the rotation, such as sugarbeets and potatoes, have a positive impact on land values. Cash rents are also strong. Listen to the full interview.
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