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Big Farmland Shift In Next 20 Years

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Manage episode 522324464 series 2908402
Content provided by Josh Timm and Pam Jahnke. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Josh Timm and Pam Jahnke or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Despite a recent dip in net farm income, U.S. farmland values remain historically high, according to a specialty asset management expert. While a sharp run-up in prices occurred in 2021 and 2022, the market is currently in a plateau pattern, with strong demand supporting high-quality acreage.

Cole Nickerson, Area Sales Manager for Farmers National Company, noted the contradiction between the struggling agricultural economy and resilient land prices.

"We've kind of seen a leveling off the last few years as net farm income has fallen a little bit," Nickerson tells Mid-West Farm Report. "But we haven't seen a big pullback in land values."

See omnystudio.com/listener for privacy information.

  continue reading

4675 episodes

Artwork
iconShare
 
Manage episode 522324464 series 2908402
Content provided by Josh Timm and Pam Jahnke. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Josh Timm and Pam Jahnke or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Despite a recent dip in net farm income, U.S. farmland values remain historically high, according to a specialty asset management expert. While a sharp run-up in prices occurred in 2021 and 2022, the market is currently in a plateau pattern, with strong demand supporting high-quality acreage.

Cole Nickerson, Area Sales Manager for Farmers National Company, noted the contradiction between the struggling agricultural economy and resilient land prices.

"We've kind of seen a leveling off the last few years as net farm income has fallen a little bit," Nickerson tells Mid-West Farm Report. "But we haven't seen a big pullback in land values."

See omnystudio.com/listener for privacy information.

  continue reading

4675 episodes

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