Farmland market on stable ground

Farmland market on stable ground

An appraiser who specializes in ag land suggests the market is on solid ground.

Jarad Royer with Compeer Financial says while the number of sales has slowed, values are steady.

“Something is going to have to change to move (the market) either direction. I don’t really see bullish or bearish factors right now, I just kind of see going stable for a while.”

He tells Brownfield the farmland market behaved similarly during the last big runup a decade ago.

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