USDA’s recent Land Values Summary shows the value of American farmland has increased again. Danny Munch, economist with the American Farm Bureau Federation, said the value rose 4.3% or $180 per acre.
What are farmers paying for land across the Northwest?
In Washington, all cropland rental expenses in 2024 is $234 per acre, down $4 per acre from last year. Irrigated cropland increased $2 over the past year to an estimated $442 per acre. Meanwhile no...
Cincinnati Bengals quarterback Joe Burrow and longtime NBA player Blake Griffin are among some of the big-name athletes who are investing in Iowa farmland. They’ve joined up with more than 20 other pro athletes from the NFL, NHL, the NBA, and Major League Baseball to form an investment fund of about $5 million, which was used to buy farmland in Iowa.
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Predicting farm income every year is a challenging task for a variety of reasons. USDA Chief Economist Seth Meyer, said farm income should be strong this year despite a lot of volatility.
“When one looks at farm income and one looks at a very high scale, farm income looks pretty good. We're forecasting f...
Rates to rent farm land across the Pacific Northwest are mixed compared to 2021’s figures.
According to the latest numbers from NASS, cash rent expense for all cropland in Idaho is estimated at $194 per acre this year, up $14 per acre from 2021 numbers. Irrigate...
On Tuesday, we told you that farm real estate value increased across the Pacific Northwest. It looks like the PNW was not alone in the trend higher. The value of cropland across the United States increased 14% year-over-year. That translates to a jump of $630 per acre from 2021 to 2022.
USDA chief...
According to NASS, the cropland rental rates in all three Northwest states increased year over year.
Cash rent expense for all cropland in Idaho this year came in at an estimated $180 per acre, up $9 per acre from last year. Irrigated cropland is estimated at $236 per acre, up $11 acre from 2020. Non
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According to NASS, cash rent expense for all cropland in Idaho is estimated at $180.00 per acre this year, up $9.00 per acre from 2020. Irrigated cropland is estimated at $236.00 per acre, up $11.00 per acre from 2020, while non-irrigated cropland rental expense is $63
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Cropland rental expenses in Washington fell $1 year-over-year to $201 per acre. Meanwhile, irrigated cropland in the Evergreen state increased by $2 per acre this year, coming in at $360. And non-irrigated cropland rental expense is $75 per acre, unchanged from last year.
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