Oklahoma home values are soaring, but not as much as farmland
Oklahoma farmland prices in the third quarter of last year were up 10% overall on average, compared with 2020.
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Oklahoma farmland prices in the third quarter of last year were up 10% overall on average, compared with 2020.
Originally published on May 11, 2021 8:32 am Farmers and investors seeking to expand are paying more for agricultural land in the Midwest. The value of good cropland in Corn Belt states like Iowa and Indiana has increased about 10% since last fall, according to Randy Dickhut, the senior vice president of real estate operations for Farmers National Co. Increased commodity prices, fewer trade stressors and historic amounts of government aid have contributed to higher land values, he says. The real estate company reports that it sold 59% more acres compared to the same period last year ...
Farmers and investors seeking to expand are paying more for agricultural land in the Midwest. The value of good cropland in Corn Belt states like Iowa and Indiana has increased about 10% since last fall, according to Randy Dickhut, the senior vice president of real estate operations for Farmers National Co. Increased commodity prices, fewer trade stressors and historic amounts of government aid have contributed to higher land values, he says. The real estate company reports the total acreage sold has held steady, but the total amount paid for farmland is up 67% compared to the three-year ...
Originally published on May 6, 2021 1:20 pm Farmers and investors seeking to expand are paying more for agricultural land in the Midwest. The value of good cropland in Corn Belt states like Iowa and Indiana has increased about 10% since last fall, according to Randy Dickhut, the senior vice president of real estate operations for Farmers National Co. Increased commodity prices, fewer trade stressors and historic amounts of government aid have contributed to higher land values, he says. The real estate company reports the total acreage sold has held steady, but the total amount paid for...