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Transitions
You are here:   Blog  »  Agricultural Real Estate  »  Transitions

September 19, 2022  

After five years of writing nearly 250 weekly Land Market News articles, I am retiring from Farmers National Company at the end of this week. It has been a pleasure working for an employee owned company that has as its guiding principle above all else, to serve the needs of its clients.  

  

There has been a tremendous amount of change in agriculture since 2017 when I initiated the Land Market News. Just a few examples include technological advancements in guidance, equipment, seeds, and crop health monitoring, awareness of soil health and carbon sequestration, trade tariffs and the resulting large government support payments, the effects of Covid-19, and the Ukrainian war's impact on world commodity markets.    

  

The farmland market transitioned from a time of plateaued prices and slower activity in 2017 to one that now is experiencing increased selling and price increases of up to 50% in a year's time.  Selling methods went from the traditional private treaty listings and public outcry auctions to today's often used online only and simulcast auctions driven initially by Covid shutdowns and then by the ease and acceptance of bidders in our constantly connected era.  

  

Paul Schadegg, as the incoming Senior Vice President of Real Estate Operations, will be taking my place. Paul comes with many years of experience as a farm manager, successful real estate agent, Area Real Estate Sales Manager, and as a Board Member for Farmers National Company. 

  

As I reflect back on what my 30 years of farming and over two decades of managing farms working with non-operating landowners, and being a real estate broker have taught me, I realize that it has been a tremendous ride and an unparalleled learning experience. I hope to utilize the knowledge and experience that I have gained over the past half century in the next chapter of my life analyzing the farmland market and other aspects of agriculture. If you want to connect with me in the future, I can be found on LinkedIn. 

  

I want to especially thank the great folks at Farmers National with whom I have had the privilege to work with during my tenure in the company and may their dedication to clients continue to grow. 

  

Thanks for reading and listening all these weeks! 

  

Randy Dickhut  

Senior Vice President - Real Estate Operations 

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