Land Prices Soar as Farmers National Reports Sales Up 56% in Six Months

Land Sales Up 041421

Farmers appear to be buying and selling a lot of land right now, and as a result, land sales are up more than 50% from a year ago.

The Senior Vice President of Real Estate Operations for Farmers National Company reported during the first six month of its fiscal year, land sales were up 56% over the same time last year. Compared to the past three years, the buying and selling of land shot up 67%.

Farmers National says higher sales and prices for good cropland and for development land contributed to the sales volume, along with the strong demand to own land across the board. 

Related Stories:

Iowa Land Values Jump 8% in Six Months

Tags

American Society of Farm Managers and Rural Appraisers
 

Latest News

Market Analysis
AgDay Markets Now: Darin Newsom Says Wheat Ends Higher but Grain Rally May be Losing Steam
AgDay Markets Now: Darin Newsom Says Wheat Ends Higher but Grain Rally May be Losing Steam

Wheat ends higher for a fifth day but Darin Newsom with Barchart thinks the rally has just about run its course and that is true for corn and soybeans as well. And HPAI headlines sink cattle...again.

Michelle Rook
Pro Farmer Analysis
Canadian Competition Bureau Has Major Concerns About Proposed Bunge/Viterra Merger
Canadian Competition Bureau Has Major Concerns About Proposed Bunge/Viterra Merger

Canada’s Competition Bureau said it had identified major competition concerns around the proposed merger between U.S. grains merchant Bunge and Glencore-backed Viterra.

Pro Farmer Editors
Market Analysis
Wheat Higher for Fifth Day, While Corn and Soybeans Take a Break from the Rally: Livestock Fall
Wheat Higher for Fifth Day, While Corn and Soybeans Take a Break from the Rally: Livestock Fall

Grains end mixed with wheat higher for the fifth consecutive day. However, corn and soybeans don't follow. Darin Newsom, Barchart, discusses if the fund short covering rally is about done?

Michelle Rook
Beef
Properly Prepared Beef Remains Safe; Meat Institute Calls For Guidance to Protect Workers at Beef Facilities
Properly Prepared Beef Remains Safe; Meat Institute Calls For Guidance to Protect Workers at Beef Facilities

The Meat Institute said properly prepared beef remains safe to eat and called for USDA and the CDC to provide worker safety guidance specific to beef processors to ensure workers are protected from infection.

North American Meat Institute
Technology
RhizeBio’s Doug Toal Talks Soil Microbiology, Ag Entrepreneurship With Top Producer
RhizeBio’s Doug Toal Talks Soil Microbiology, Ag Entrepreneurship With Top Producer

RhizeBio cofounder Doug Tole joins host Paul Neiffer for Episode 143 of the Top Producer Podcast.

Matthew J. Grassi
Dairy
A Message to the Ag Industry about H5N1
A Message to the Ag Industry about H5N1

The livestock industry needs a comprehensive, cohesive plan to address the virus. Producers, their employees and veterinarians need clear answers and support from U.S. agricultural leadership, moving forward.

Rhonda Brooks
View More