Investors Turning to Agricultural Land to Improve Portfolios

OMAHA, NE – Owning land has always been a priority for farmers and ranchers, but interest in this real asset by investors has grown the past year.

“Prices for top quality cropland in the Eastern Plains sold through our auctions and listings have increased since the beginning of the year,” said Paul Schadegg, area sales manager for Farmers National Company. “Demand for good farmland has definitely increased.”

Despite the challenges faced by agriculture and producers in 2020, the land market remained stable throughout the year and strengthened for good cropland in the last quarter. Producers across the Southern Plains endured economic challenges with interruptions to livestock deliveries, weather issues, lower ethanol demand and a late season drought in some areas.

“In East Texas, our sales of timberland are increasing as sellers and buyers get more active. Ranchland prices in the state are strong as demand grows for that type of investment. Good Delta cropland continues to strengthen. Western Kansas dryland farms are selling at prices not seen for almost a decade,” Schadegg said.
(SOURCE: All Ag News)