An official with Farmers National Company was surprised by the strength of the pre-harvest farmland market.
Randy Dickhut says the unexpected late-summer runup in grain prices certainly helped.
“But also, people started looking even more so at farmland as a safe, long-term investment. So we saw outside individual investors, we saw some investment funds step up to the plate being a little more interested than they had been in purchasing farmland.”
He tells Brownfield demand for good quality ground remains strong.