Farmers National Company has released its biannual Regional Land Value Report which includes record sales and overall increases in land values across the nation. FNC Senior Vice President of Real Estate Operations Paul Schadegg says the build-up in land values started in 2021. “The momentum of the agland market in 2021 carried into 2022. The second quarter of 2022 still had double digit increases.” As interest rates and inflation drive up input costs, farmland values are pressured. “Commodity markets, the limited amount of land offered and inflation have the biggest impacts on the land market.”
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