Land News
Farmland is an essential resource for American agriculture. As stewards of the land, farmers and ranchers strive to maximize per-acre value while prioritizing soil health, water conservation and wildlife management. A key indicator of the financial health of the farm sector, farmland values can be influenced by commodity prices, land quality and other factors.
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.
For the fifth consecutive year, land values have declined in Nebraska.
The farm economy remains under pressure, with several key indicators showing farmers are facing financial strain. But, a few positive factors could help support credit conditions in the future.
The average farm real estate values for the U.S. is $3,160 per acre in 2019. That’s up $60 from 2018, according to USDA’s 2019 Land Values Summary.
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.
For 2019, the national average for cash rents on cropland is $140 per acre, which is up $2 from 2018’s national average of $138.
Land values have hit record levels in the past year. Iowa has experienced the biggest percentage increase, but other Midwestern states aren’t far behind. Can land prices keep going up?
AFBF President Zippy Duvall told members this week he will continue to press for policy that progresses agriculture, citing AFBF’s work on changes to the White House’s “America the Beautiful” plan as an example.
New Record $26,000/Acre Iowa Farmland Sale, Record Amount of Land Could Flood Market in Next 60 Days
A piece of farmland in Johnson County, Iowa, brought $26,000 per acre. One land appraiser expects the historic run in farmland values to slow as a record amount of land could enter the market in the next 60 days.
For 2018, the national average for cash rents on cropland is $138 per acre, which is 1.5% higher than 2017.
Emily Oberbroeckling, farmland appraiser at Peoples Company, joins the Top Producer podcast to explain three methods for listing farmland.
After Tim Thomas’ property was searched up to his doorstep by state officials on multiple occasions, he filed a federal lawsuit.
How did a tiny, isolated depression on Arlen Foster’s farm become a wetland? By science or decree?