Published on Feb 20, 2020 by Tyler Weaver
Taking a look back at the end of 2019, there were 240 farmland auctions which is over 100 auctions more than Q4 of 2018. The average $/CSR2 point in Q4 was $114, up two points from 2018. The year as a whole showed a slight downward trend from Q1 through Q3, with a slight uptick in Q4, as expected. The overall trend continues to remain stable. The higher number of auctions through the end of 2019 shows optimism in the market as 2020 commences.