Trends in Farm Income and Land Values

The value of U.S. farmland averaged $4,080 per acre, an increase of 7.4 percent over 2022 values, or 3.9 percent when adjusted for inflation.

Farming and Farm Income - USDA ERS

Similarly, acres of land in farms continued a downward trend with 879 million acres in 2023, down from 900 million acres in 2017. The average ...

2024 U.S. Farmland Market Trends - AgAmerica

Farmland values in the U.S. have increased by 5 percent for total farm real estate, with an increase of 4.7 percent for cropland and 5.2 percent ...

U.S. Agricultural Land Values and Cropland Cash Rents Reach ...

Farm Real Estate Value. The U.S. average farm real estate value, a measurement that includes the value of all land and buildings on farms, ...

Land Values Rise While Farm Income Shrinks in Northern Plains

Continuing a four-year trend, land values rose during the growing season in the northern Plains, despite financial tightening in the farm ...

Farmland Prices Increase Despite Downward Pressure

As of June 2024, farmland prices are also being negatively impacted by farm incomes, crop prices, the return to alternative investments, and ...

Outlook for land values in 2024 and beyond | Ag Decision Maker

Despite the decline, US net farm income in 2023 is higher than the 2020 net farm income by 38%, and its 20-year average (2003–2022) by 36%. The decrease is ...

Farmland Values Remain Resilient

Section 2: Farm Income and Credit Conditions ... Farmland values also held firm despite a moderation in farm income and credit conditions. The ...

How interest rates could impact farmland values in 2024

If farm income increases faster than interest rates, farmland values likely will hold steady or increase — but if income declines as ...

The Landscape of Farmland Values: Beyond Income and Interest ...

In addition to factors that directly affect farm income, such as commodity prices, yields, and input costs, several other influences play a critical role. These ...

U.S. Agricultural Land Values and Cropland Cash Rents Reach ...

The average U.S. farm real estate value increased by $280 per acre, or 7.4% over 2022, while the cropland value and pastureland value increased ...

Interest Rates, Grain Prices Impacting Farmland Values | FCSAmerica

As a whole, benchmark values ticked up an average of 0.07% in the first half of 2024, according to the Benchmark Farm Value Trends Report ...

AgAmerica projects farmland ownership trends in new report

The farm economy is approaching a decline, even as land values remain strong. A 22 percent decline in net farm income is expected in 2023, with ...

Three Key Farm Trends from the 2022 Ag Census | AgAmerica

With multiple records broken, 2022 was a historic year for agriculture. Farmers saw record-high income and land values. But the latest ag ...

Trends in Farm Income and Land Values

Trends in Farm Income and. Land Values. January 11, 2016. Nathan Kauffman. Omaha Branch Executive and Economist. Federal Reserve Bank of Kansas City.

How Does Farm Income Affect Farmland Values?

As you may expect, farmland values increase with higher crop direct income. However, while some areas have a high farmland value for the returns ...

2024 Farmland Values - Agricultural Economics

Farmland values are obviously affected by swings in commodity prices and farm profitability. The postwar period of the 50s, 60s, and 70s led to ...

Downward Pressures on Farmland Prices in 2023 - farmdoc daily

Like cash rents, farmland prices have increased since 2020: $7,300 per acre in 2020, $7,900 in 2021, $8,900 in 2022, and $9,300 in 2023 (see ...

Land Values - 2023 Summary August 2023

The United States farm real estate value, a measurement of the value of all land and buildings on farms, averaged $4,080 per acre for 2023, ...

The Current Situation on Farmland Values and Ownership

This paper discusses current farmland value trends and the changes in farmland ownership. Strong economic fundamentals—rising incomes and a limited number of ...