Economic uncertainty had some non-operating farmland owners rushing to sell, which was evident in the last three months of the year, according to Farmers National Company, the largest farmland and ranchland real estate company in the country.
Overall for 2012, Farmers National reports that sales activity was up 40% over 2011.
"We anticipated another record year in 2012, but what we've seen has exceeded our expectations," said Derrick Volchoff, ALC, vice president of real estate operations at Farmers National....
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