An ag land appraiser says the land market is stable and also extremely slow.
Jared Royer, who’s based in western Illinois with Compeer Financial, tells Brownfield…
“That November to February time frame, I just don’t have sales that have occurred that aren’t anywhere close to just arms length transactions, since that time.” He says, “There’s a few private sales. We’ve had a couple of auctions that, you know, you look at and say, ‘Man, that was cheap.’”
He says those looking to sell land should consider several factors.