Farmland Sales prices are up 5 to 15 percent in the past six months with most of that increase coming since the first of the year. Farmer National Company Senior Vice President of real estate operations Randy Dickhut interest in farm land increased last fall and winter and now they’re seeing competitive bidding among interested buyers which is pushing land prices.

He says several factors including continued low interest rates, better net farm income and higher commodity prices has helped push demand for farm land.

Dickhut says farm land demand has been very positive throughout the Northern Plains.

Dickhut adds that the demand for good farmland is outstripping the supply of farms for sale. He also says uncertainty surrounding future tax policy will trigger a land sale sooner rather than later for some.