The majority of agricultural economists in the latest Monthly Monitor say U.S. ag ended 2024 in a recession. Farm Journal’s AgWeb.com says 56% of ag economists responded “yes” to the question of a recession. The newest Monthly Monitor asked economists what they’ll be watching for in the new year. One of the biggest is the potential of a ...
Following record sales in 2021, the rural land market continues to surge this year. This offers opportunities for both sellers and buyers of farm, recreational and other rural land, according to Whitetail Properties Real Estate. Low property inventories resulting from last year's strong market point to land values remaining high for sellers
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Farmland values continued to increase at a rapid pace through the end of 2021. Alongside sustained strength in farm income and credit conditions, the Kansas City Fed said the value of all types of farmland was over 20% higher than last year
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The stronger land prices of late 2021 continued in the first months of 2022. According to Farmers National Company, sale prices took another jump higher because of the war in Ukraine and ongoing inflation fears. Farmers saw higher commodity prices, and investors wanted a low-risk inflation hedging investment, which propelled the competition for good cropland
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Land sales activity was flat the past few years, but that may soon change. The lower supply of farms for sale has been one of the factors that supported land values after the 2013 peak in prices paid for ag land. Farmers National Company reported this week seeing indications for increased land sale activity through to the end of 2021
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According to the American Farm Bureau Federation, the average value of agricultural cropland nationwide sits at $4,100 per. That figure is virtually unchanged from last year but in line with recent record highs seen in 2019 and 2015.
USDA’s 2020 Land Values report says the average value of cropland, including all land and buildings on farms, was $3,160 per acre. Tha
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The USDA recently released its 2019 Land Values Survey, showing that land values nationwide are on the rise. However, the American Farm Bureau Federation said that’s not entirely the case. Farm Bureau notes in its own Market Intel analysis that land values and farm rents have gone in the opposite direction in certain parts of the country.
“Many ...
According to the USDA, the average value for an acre of Farm Real Estate increased year over year. According to NASS the average acre of Washington farmland was valued at $2,840 last year; an $80 increase from 2017 figures. Farm land value has increased steadily across Washington every year dating back to 2014.
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It’s a comparison many in the Ag community have heard, or even made themselves. How does the current down turn in the farm economy compare to the devastation of the 1980s? Ag economist at Virginia Tech, Dr. David Kohl says there are many difference between the 80s and today. One of the mo...