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FARM LAND VALUES HOLDING STEADY

A REPORT ON NATIONAL FARMLAND VALUES SHOWS PRICES ARE HOLDING THEIR OWN DESPITE SEVERAL DOWN ECONOMIC ISSUES.

PEOPLES COMPANY PRESIDENT STEVE BRUERE SAYS 2023 HAS BEEN A TRANSITIONAL YEAR FOR FARMLAND AFTER SEEING SO MANY TRANSACTIONS IN 2022.


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FARMLAND1 OC……..LAST YEAR” :15

HE SAYS THEIR REPORT IS NOT A SURVEY, BUT REVIEWS ALL TYPES OF SALES INFORMATION AND OTHER FACTORS. IOWA’S CROPLAND HAS HELD ITS OWN ALONG WITH THE REST OF THE COUNTRY.

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FARMLAND2 OC…….NUMBERS FLOATING AROUND” :19

BRUERE SAYS THE UPS AND DOWNS OF CORN AND BEAN PRICES ARE ONLY A PART OF FIGURING THE VALUE OF FARMLAND.

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FARMLAND3 OC……….PRETTY BULLISH” :22

AND THERE’S A LIMITED NUMBER OF ACRES TO BUY AS HE SAYS ONLY ABOUT ONE PERCENT OF ALL FARMLAND IN THE COUNTRY HITS THE OPEN MARKET ON AN ANNUAL BASIS.

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FARMLAND4 OC……REVENUE STREAM” :08

YOU CAN FIND OUT MORE ABOUT THEIR LAND VALUE REPORT AT THE PEOPLES COMPANY WEBSITE.

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