Auctioneer says market for cropland improving

Prices up as much as 10%

Prices for high-quality farmland are rebounding, according to Rex Schrader, president of Schrader Real Estate and Auction Company in Columbia City, Ind., one of the largest auctioneers of agricultural land in the United States.

"The optimism is back in the market, especially for higher quality land. … Land in the top one-third in terms of quality is up a good 10% during this quarter, and we are seeing new records for land prices in many counties," he said. “The evidence of the uptrend in the market for good cropland today is very clear."

Page 1 of 46
Next Page