Posted on 2/10/2017
According to Farmers National Company, the past three years of declining farm profits have pushed land values lower. At the start of 2017, there are several factors that will affect ag land values.
"This winter, questions abound as to the direction of commodity prices, interest rates, inflation, challenges in the world economy, weather and U.S. tax law," said Randy Dickhut, senior vice president of real estate operations for Farmers National Company in a press release. "Buyers of ag land are asking if it is an opportune time to make a purchase of a farm or ranch, w...