The latest installment of Farmers National Company’s semi-annual survey of farmland prices is scheduled for release later this month. CEO Jim Farrell says prices have gradually firmed in the past year.
Farrell notes that cash rent prices tend to follow the land market. He anticipates that rental rates will remain steady in the coming year.
Farmers National Company CEO Jim Farrell notes that changes to the tax law, interest rates, or a sudden change in available acreage could impact prices. Farrell was our guest Tuesday afternoon on Ag Insight: