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Brisk Land Sales Pace to Continue Into Winter
By Randy Dickhut, Senior Vice President - Real Estate Operations
Monday, September 13, 2021 |
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| The pace of land sales picked up this year for Farmers National Company. The company is on-track for a near record or record sales year on several fronts. The higher land prices have spurred an increased number of landowners to sell. |
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What's on the Mind of Landowners?
By Randy Dickhut, Senior Vice President - Real Estate Operations
Tuesday, September 7, 2021 |
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| Farmers National Company hosts Landowner Workshops during the summer for
non-operating landowners. We provide updates on leasing trends, grain markets, technology in agriculture, renewable energy, and the land market. |
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Land Market Strengthens Into Fall
By Randy Dickhut, Senior Vice President - Real Estate Operations
Monday, August 30, 2021 |
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| After the run up in prices for cropland in most of the grain belt through spring this year, the question was whether the price strength would continue into the late summer and fall land sales season. The answer is a pretty resounding "yes"! Auction sales of cropland in the heart of the Cornbelt are seeing near or new record prices in areas. |
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The Rise in Land Values Over Time
By Randy Dickhut, Senior Vice President - Real Estate Operations
Monday, August 23, 2021 |
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| I often get the question from landowners and their heirs about what their land was worth many years ago or when the previous generation inherited it. If the land was not purchased or appraised at that time, there was no value set then. |
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Increase in Land Values Out Paces Revenue Over Time
By Randy Dickhut, Senior Vice President - Real Estate Operations
Monday, August 16, 2021 |
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| The percentage increase in the value of farmland over time has been much larger than the rise in revenue as depicted in the graph from Agricultural Economic Insights by David Widmar and Brent Gloy. |
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What's Up for Rents in 2022?
By Randy Dickhut, Senior Vice President - Real Estate Operations
Monday, August 9, 2021 |
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| With the calendar turning to August, it is the time of year when landowners and tenants should be giving thought to rental terms for the 2022 crop season. Grain prices much higher than have been seen for a few years prompted the first thought that cash rental rates would be up significantly for 2022. |
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Who Is Buying Farmland Today?
By Randy Dickhut, Senior Vice President - Real Estate Operations
Monday, July 26, 2021 |
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| It is actually a wide variety of farmers who are buying the biggest percentage of cropland that comes up for sale, but it will vary by state and region. |
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What It Takes To Sell A Farm
By Randy Dickhut, Senior Vice President - Real Estate Operations
Monday, July 12, 2021 |
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| A person might think it is easy to sell a farm today. Yes, it is easier to sell any real estate when a low supply and good demand for properties is propelling the bidding and price. The current housing market is a prime example of the aggressive bidding that pushes prices higher. |
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Land Price Trends in the Southern Plains
By Randy Dickhut, Senior Vice President - Real Estate Operations
Monday, June 28, 2021 |
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| Farmers and ranchers are actively pushing land prices in the central and southern plains as sales prices in some areas are nearing the highs of the past. |
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Land Price Trends in the Northern Plains
By Randy Dickhut, Senior Vice President - Real Estate Operations
Monday, June 21, 2021 |
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| Buyers are actively pushing land prices in the northern plains as sales prices in some areas are nearing highs of the past. We are seeing land prices up 10-15% for good cropland in the area... |
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How to Compare Farms When Buying
By Randy Dickhut, Senior Vice President - Real Estate Operations
Monday, May 24, 2021 |
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| For investors wanting to purchase a farm or farms, one of the questions that comes up is how to compare different farms when deciding which one to buy. |
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Land Values Are Back Near The Peak
By Randy Dickhut, Senior Vice President - Real Estate Operations
Monday, May 17, 2021 |
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| Average sales prices for high quality land in many states are at or near the peak prices last seen in the Farmer National Company's survey in January, 2014. |
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How to Sell a Farm with Competitive Bidding
By: Randy Dickhut. Senior Vice President - Real Estate Operations
Monday, May 10, 2021 |
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| With the hot land market right now, it is extremely important for those who want to sell a farm to be sure that they expose it to the whole marketplace and use some type of competitive bidding process... |
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Land Sales Booming at Farmers National Company
By Randy Dickhut, Senior Vice President - Real Estate Operations
Monday, April 12, 2021 |
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| The dollar volume of land sales listed and sold by FNC during the first six months of its fiscal year ending March 31st was up 56% over the same time period last year and up 67% over the average of the past three years! |
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Could We See An Increase in Land Sales?
By Randy Dickhut, Senior Vice President - Real Estate Operations
Monday, March 22, 2021 |
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| According to its own surveys of non-operating landowners spanning the past two decades, Farmers National Company is seeing more than a doubling in those owners who anticipate selling their land in the next few years... |
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It's A Seller's Market!
By Randy Dickhut, Senior Vice President - Real Estate Operations
Monday, March 15, 2021 |
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| Buyers, whether farmers or investors are looking for farms to purchase. Buying interest picked up over the summer and continues at this time... |
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The Effects of Wind Turbines on a Farm's Value
By Randy Dickhut, Senior Vice President - Real Estate Operations
Monday, March 8, 2021 |
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| Over the years I have been asked a number of times if having a wind turbine on a farm adds or detracts from the farm's overall value. This is a timely question with the heightened interest in renewable energy... |
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The Current Land Market in the Northern Plains
By Randy Dickhut, Senior Vice President - Real Estate Operations
Monday, January 18, 2021 |
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| Prices for top-quality cropland sold through our auctions and listings have increased significantly since harvest according to Brian Mohr, Area Sales Manager for Farmers National Company. |
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An Interesting Winter for Land Sales Is On the Horizon
By Randy Dickhut, Senior Vice President - Real Estate Operations
Monday, December 7, 2020 |
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| We are well aware of the abrupt changes brought about by Covid-19 protocols in how public land auctions were conducted in the spring. As we look ahead, what will the winter land sales season look like till next spring? |
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As Harvest Winds Down
By Randy Dickhut, Senior Vice President - Real Estate Operations
Monday, November 9, 2020 |
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| As crop harvest winds down in the grain belt, attention starts to turn to other matters... |
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Farmers Drive Strong Land Sales
By Randy Dickhut, Senior Vice President - Real Estate Operations
Monday, November 2, 2020 |
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| Farmers National Company agents had a number of strong land auctions the past two weeks across Kansas and Missouri. |
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