Values declined an average of 0.59% in the first six months of 2019 for the 64 benchmark farms FCSAmerica monitors in Iowa, Nebraska, South Dakota and Wyoming.

The biggest concerns in the market value of land currently will depend on the length of time tariffs are in place, suppressed crop prices and the State’s extremely high property tax policies.

As waters recede from the thousands of acres that were flooded this spring, attention turns to spring planting. If those acres are rented, who will pay for the cleanup? Should the rental rate be adjusted?

On rented land, it’s critical to ensure proper communication about prevented plant with the landowner, says Chris Barron, farmer and CEO of Ag View solutions and a Top Producer columnist.

Despite a slower land market, Farmers National has seen a 29% increase in the number of acres sold by the company compared to last year and 22% over two years ago.

In the past few years, farmland values have been surprisingly resilient. Looking forward, however, prices may lean lower.