A certified appraiser says the farmland market in Central Minnesota is holding up remarkably well.
Andrew Wendlandt with Compeer Financial tells Brownfield sales have been very strong despite rising interest rates.
“Actually historically strong sales, even above the prior couple years. Just kind of bucking all the trends that we would have kind of considered with the Fed pushing up their interest rates.”
He says the influence of outside investors has been supportive this winter and farmers remain active buyers.
