Farmland across the U.S. averaged $4,500 an acre in 2024, a record high. For farmers who own land it boosts their finances, but for renters and new farmers the rising costs are a growing challenge.
Even with lower commodity prices squeezing farm profits, cropland values just hit $6,000 per acre nationally — the first time that benchmark has been reached, according to USDA data.
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.
The Farm Credit System says the U.S. economy entered 2025 with key indicators in favorable positions. Expectations for first quarter growth have been reduced, however, by weaker personal consumption, higher imports, and uncertainty around changes in global trade.
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A land option agreement has been brokered between Rockview Family Farms and Balanced Rock Power to convert the 2,000-acre dairy farm, Ponderosa Dairy, into a solar energy facility. BRP will have the option to acquire the land, with the option period estimated to be between two and five years. The dai...
The farming community is concerned that the enhanced estate tax exemption could be a major casualty if the 2017 tax cut law expiring at the end of next year isn’t extended. The estate tax exemption will drop from $13.6 million per individual to its pre-2017 level of $5.5 million if th...
The Creighton University Rural Mainstreet Index fell below growth-neutral for the sixth-consecutive month. On a scale of one to 100, with 50 representing growth neutral, the Economic Confidence Index plummeted to its lowest level since 2020. Almost ...
Farm Credit Canada has just released its mid-year National Farmland Values Report. The report analyzes farmland purchases from January through June of this year. Better known as FCC within the farming community, Farm Credit Canada is a federal government agency and the country’s largest agricultural lender for farm cropland, large machinery purchases, and commercial livestock operators.
J.P. Ger
Early indications are suggesting that land auction activity will be good both before and after the harvest in 2022. Farmers National Company says land sales typically slow during the spring and early summer. However, the rate of late summer and fall auctions getting scheduled with Farmers National Company is picking up rapidly. The over...