While Q3 saw a 7% drop in arable land values compared to Q2, the majority of the land sold over the past three months was under offer prior to 23 June.

The Brexit debate has contributed to a slowdown in the amount of land coming forward – about 30% less has come to the market in 2016 compared with the same period in 2015 – but there is no real evidence of deals falling through as a consequence of the ‘leave’ vote.

We will have to wait a while longer before we can assess the full impact.

Click here to read our farmland market review.