Land Values Hold Strong into 2021
According to the latest Land Values Report from Farmers National Company, sale volumes were up 49 percent during October and November compared to the previous year. Northern Plains farmers are currently buying 90 percent of top-quality farmland coming up for sale. Prices for lower quality cropland are flat. A regional report cites government payments, crop […]
Average Cropland Value Increases in 2019
The average value of agricultural cropland in the United States is $4,100 per acre, up 1.2 percent from the previous year. That’s according to the USDA 2019 Land Values report released this week. That value of cropland ties the 2015 record-high and represents a 55 percent increase in values over the last decade. North […]
Land Values Remain Steady
Despite another year of falling farm income, land values remain steady to slightly softer in eastern North Dakota and northwest Minnesota. “There have been a few pockets where a lot of land is on the market,” says Jayson Menke, broker, Acres & Shares. Menke attributes the strong values to a limited supply of land currently […]
