Want to create an interactive transcript for this episode?
Podcast: MID-WEST FARM REPORT - MADISON
Episode: Big Farmland Shift In Next 20 Years
Description: Despite a recent dip in net farm income, U.S. farmland values remain historically high, according to a specialty asset management expert. While a sharp run-up in prices occurred in 2021 and 2022, the market is currently in a plateau pattern, with strong demand supporting high-quality acreage. Cole Nickerson, Area Sales Manager for Farmers National Company, noted the contradiction between the struggling agricultural economy and resilient land prices. "We've kind of seen a leveling off the last few years as net farm income has fallen a little bit," Nickerson tells Mid-West Farm Report. "But we haven't seen a...