Eric Sarff, the President of Murray Wise and Associates (MWA), joined the National Association of Farm Broadcasting this week to chat about recently released government data showing continued asset appreciation in the U.S. farmland market.
Sarff explained that demand for farmland has remained strong in virtually all regions of the country this year, and that the market has historically avoided extended periods of price declines thanks to its unique supply and demand characteristics.
MWA helps landowners in Illinois and Iowa track area values through its monthly Land Review report, which is available at www.murraywiseassociates.com. Sarff said he hopes to expand the Land Review to additional states in the future.
The full interview, which has been made available to radio stations across rural America, can be heard below.
Note: This interview contains Forward Looking Statements.