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Land prices continue to climb

An ag real estate expert says the high price tag on land shouldn’t shy farmers away from making purchases.

Randy Dickhut with Farmers National Company says there’s been an increasing number of $20,000-plus per acre sales. “Those are the ones that everybody sees and has been written about,” he said, “but a lot of land trades for much less than that. You’ll see a lot in that eleven-to-sixteen-thousand-dollar range too.”

He tells Brownfield there are several factors contributing to the extra-large dollar amounts.

Land prices continue to climb