A Record Year for FNC
Farmers National Company finished 2022 with record land sales volume of $766 million. That’s up from $750 million in the previous record year of 2021. The majority of those sales came through competitive land auctions.
Published January 5, 2023
Farmers National Company finished 2022 with record land sales volume of $766 million. That’s up from $750 million in the previous record year of 2021. The majority of those sales came through competitive land auctions.Published September 25, 2022
Farmers National Company Senior Vice President of Real Estate Operations Randy Dickhut is retiring at the end of the week. Dickhut has been with FNC for over 20 years. Western Area Sales Manager Paul Schadegg will succeed Dickhut.Published September 13, 2022
Farmers National Company real estate salesperson and appraiser Kyle Nelson sees strength in the land market. "I think opportunity is driving motivation to purchase land. Right now, we're still seeing optimism and interest rates aren't deterring interest yet." Watch the…Published June 13, 2022
Farmland values started to rise last fall and continue to hold strong. Farmers National Company Northern Region Vice President Terry Longtin says the commodity market has helped drive land values. "I would say the buyers are the same, it is mainly…Published December 31, 2021
Demand for productive ag land nationwide caused a jump in real estate values for farmland, cropland and pastureland. Low interest rates and high commodity prices helped. Farmers National Company Senior Vice President of Estate Operations Randy Dickhut says there’s a…Published November 29, 2021
Farmland values continue to trend higher going into the end of the year. Farmers National Company Senior Vice President Matt Gunderson says good quality farmland always sells well. "We're even seeing some average land selling well at auction. You can…Published November 11, 2021
There is powerful demand for good productive cropland. "For the most part, it is strong to extreme strength, but it is too early to make a blanket assessment on that," said Kyle Nelson, Farmers National Company. There is a fair…Published October 29, 2021
With the end of its fiscal year, Farmers National Company said it marketed and sold a record amount of land. The company handled over three-quarters of a billion of real estate sales during the past 12 months, beating the previous…Published September 17, 2021
While the amount of farmland for sale has been limited, the market has been strong. "There has been a lot of pent-up demand and there has been a void of good quality land for sale," said Kyle Nelson, Farmers National…Published June 22, 2021
The value of good cropland across the Northern Plains is up ten-to-15 percent from one year ago. Farmers National Company Area Sales Manager Brian Mohr says sales prices are approaching all-time highs. Prices for ranch and pasture land is up,…Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.