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A good farm manager will immediately want to understand the goals for a piece of farmland today and into the future.

The announcement comes following the 2020 announcement that Peoples Company opened its first office in the Mississippi Delta in Jonesboro, Arkansas, with the addition of Joel and Kim King.

Located 14 miles west of Valentine, Neb., the 4,385-acre Minnechaduza Creek Ranch includes over three-and-a-half miles of creek frontage and irrigated hay meadows.

How much does it cost to rent cropland this year? According to NASS, the average price is $141 per acre. That’s $2 higher than last year, and up $7 from five years ago.

Key forces are converging to send farmland values higher — maybe even to historic levels.

The Spring Creek Ranch, one hour east of Wichita, Kan., the primary seedstock operation for all of Matador Cattle Company operations, is listed by the Koch family for $23.2 million.

An Arizona ranch has sued the federal government claiming damages caused by the construction of the 30-foot-tall border wall between the United States and Mexico.

The AL Ranch, Halsey, NE, supports a 700-head cow-calf operation and has a backgrounding facility for 2,500-head. The ranch consists of 7,052 deeded acres and the balance in National Forest grazing permits.

For 2020, the national average for cash rents on cropland is $139 per acre, which is down $1 from 2019.

U.S. farm real estate values are seeing a rapid rise in 2021, with the Western Corn Belt seeing values rise at a faster pace than the East, but the storyline could change, according to Jackson Takach of Farmer Mac.