Farmland sales shattered records in 2022.
Farmers National Company senior vice president Paul Schadegg says the market began the year with plenty of momentum.
“Where we thought we’d probably see some settling in values, and the exact opposite happened.”
He tells Brownfield strong demand coupled with limited supply drove values 15 to 17 percent higher year to year.
“Not only maintaining those values from the beginning of the year, but moved it all the way through the end of the year.