An agricultural land marketer says farmland values have remained strong across much of America.
R.D. Schrader with Schrader Real Estate and Auction Company specializes in ag land sales in 40 states. He tells Brownfield land values leveled off last summer but have gone up as many farmers entered the buyers pool after a good 2023 crop. “Harvest was enough better in 2023 than what was expected. A lot of that cash has been poured back into land values since harvest.”
Over last four years, Schrader says there has been tremendous appreciation, with some pockets seeing 50% more value, and it appears there are fewer buyers, but the demand for land remains strong.
