Part 1: Current US Farmland Real Estate Trends

Today we begin part one of a four part series with Paul Schadegg, Farmers National Company Senior Vice President of Real Estate Operations, as he offers his expertise in the US farmland real estate market. Today we kick off the series with Schadagg’s take on current farmland buying and selling trends.

“I'm still really encouraged and amazed that the Agriculture Market is as resilient as it has been. Because even though we've seen commodity markets decline over the past six months, inflation increase, interest rates increase, that land market has remained fairly stable. And we still have a large pool of buyers that's motivated to come in and buy ag land with

lower commodity markets and other pressures.”

He says we are likely to witness a flattening of value reaching a plateau.

“If I graph this over 25 years, I can show you where we've had rallies in the land market, and then it plateaus and then it rallies and it plateaus. And we're kind of at that point where we've rallied we had a great rally during 2012 and 2014. It plateaued we had a great rally 21 and 22. And we're just kind of got a plateauing. I think we're setting a new normal in land values unless we have some extreme dynamics in the ag economy. I think we'll continue to maintain values.”

Once again, Paul Schadegg with Farmers National Company.