A farmland analyst says the pace of land sales has decreased since last fall.
Randy Dickhut with Agricultural Economic Insights tells Brownfield, “There’s a little more uncertainty in the commodity markets, what’s going on in the world, and higher input costs,” he said. “It’s causing farmer-buyers to be a little more cautious.”
He says prices for good quality crop land remain strong.
“We’re not seeing those records we were hearing about last year,” Dickhut said.