The dollar volume of land sales listed and sold by Farmers National Company during the first six months of its fiscal year ending March 31 was up 56% over the same period last year.
Farmers National Company reports sales are up 67% over the average of the past three years. Total acres sold to date are up 59% compared to last year and 26% over two years ago. The number of sales transactions handled saw an increase of 10% over last year.
The increase in land sales activity at Farmers National Company contrasts with what has generally been described as a slower land market that has had a steady to somewhat less amount of land for sale in most areas. While the number of auctions held by Farmers National Company during the past six months was only down two from last year, the number of private treaty land sales was up 48%.
(From the National Association of Farm Broadcasters)