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Despite a slower land market, Farmers National has seen a 29% increase in the number of acres sold by the company compared to last year and 22% over two years ago.
In the past few years, farmland values have been surprisingly resilient. Looking forward, however, prices may lean lower.
Blockchain technology has moved from concept to reality, becoming something of a buzzword in the process.
For 2019, the national average for cash rents on cropland is $140 per acre, which is up $2 from 2018’s national average of $138.
The market value for farmland in the Cornhusker state dropped again in 2019. The average per-acre value is $2,650, a 3% drop from 2018.
Randy Dickhut, AFM, Senior Vice President, shares examples from four area sales managers at Farmers National