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Compeer Financial What’s Next for farmland values

The vice president of appraisal for Compeer Financial says lower quality farmland is more than holding its own.

Mike Morris tells Brownfield land values, in general, have been surprisingly strong given several years of low commodity prices and depressed farm incomes.

He says Compeer has a recreational benchmark, and it has gone up significantly this year.

And while high-quality land is also retaining its value, Morris says the tier between high and low-quality has slipped a little this year.