I wanted to share a quick update on 3 things I’m seeing in the market right now.

1. Bank-driven sales are starting to appear
I’m working with sellers who are needing to sell land to improve cash flow or reduce debt. This is something I haven’t seen in my 14+ year career, a sign that conditions are shifting.

2. Inventory is rising quickly
Last week we saw 19 new listings and only 4 sales, bringing total farmland listings to 279. That’s still low historically, but we’re climbing quickly.

3. Values remain high in most areas
About 80% of regions are still near all-time highs, while some areas with lower profitability are starting to soften.

Overall, there are some good opportunities out there as the market starts to move.

???? Watch the full market update below.