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Availability and location driving farmland values

A certified appraiser in east-central Wisconsin says two factors are driving farmland values.

Jeff Jens is with Compeer Financial.

“Availability and location.”

He tells Brownfield the amount of available land continues to be tight.

“If a property comes up (for sale) that’s close by and you’ve had your eye on it for awhile, you’re going to put all your ducks in a row and go after that property if it’s possible.”

He says farmland prices in his region have held steady since spiking in 2022.

Jens made these comments during an upcoming Compeer Financial appraisal podcast, a content partnership with Brownfield.

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