Despite record prices and rising interest rates, Bell Bank Senior Vice President of Agribusiness Development Lynn Paulson still views land as a strong investment for would-be purchasers. “The guys that are buying land are taking a long view to it; they’re not looking year-to-year.” Paulson does not expect land values to soften any time soon. “I would say don’t be afraid, but be prepared. Agriculture is a cyclical business and we have a lot of headwinds out there right now.”
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