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BigIron says strong farmland prices expected to continue

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A farm real estate specialist says farmland prices remain firm and are showing no signs of slowing down.

Mark Stock, co-founder of BigIron Auctions and Realty, says ag land values have increased this fall despite higher interest rates. “The real good quality soil types, the values are up anywhere from 9-to-11%. We’ve seen some of the marginal lands stay flat, maybe just a little one or two or three percent dip.”

Speaking to Brownfield at the 2023 National Association of Farm Broadcasting Convention in Kansas City, he says demand has been strong.

BigIron says strong farmland prices expected to continue