Saturday, October 13, 2012

Harvest Higher Land Prices

Harvest is flying along this year - the weather has really been cooperative. I can't remember another year when things have run as smoothly and gone as quickly. I saw a progress report from the USDA that showed the whole state is enjoying a fast harvest.

According to the last crop progress report, over 95 percent of the state's soybean crop was harvested, which is way up from just 69 percent last year and a 55 percent average from past years. Likewise, corn was nearly 80 percent harvested, compared to 16 percent last year and only 11 percent on average.

The sugarbeet harvest is also running ahead of average, while the dry bean harvest is pretty much complete.

This should be another good year for agriculture, which should again be good for land prices. I've seen a lot more listings for farmland auctions recently, which can be a great way to get a great price for your land. North Central Realty offers auction services for farmland and often brings in high prices.

As farmers continue to bring in good yields in record times, the opportunity to sell can also be harvested. Please contact me at noah@farmlandman.com or 320-894-7528 to learn more about how I can help with your land sale.

Have a great week,
Noah Hultgren
noah@farmlandman.com