A farm real estate expert believes commodity prices will continue to drive farmland values in 2023.
Beyond that, Paul Schadegg with Farmers National Company says supply and demand will be key.
“That limited supply of land coming to the market is going to play a big part in how those values are maintained, or even moved up if that’s the case.”
He tells Brownfield other factors will be interest rates and input costs.
Farmland market driven by commodity prices again in 2023
