Farmland Values Holding Steady

Stable farmland values are being seen for the first part of 2026. AgCountry Farm Credit Services collaborated with Farm Credit Services of America and Frontier Farm Credit on a benchmark farmland report. North Dakota has experienced a modest decline in farmland values, which has been offset by gains in western Minnesota. Senior Vice President and Chief Appraiser Kirk Manker said farmers came into this economic downturn with positive working capital. “Overall, with what people were predicting going into the fall and what happened have been two different things,” said Manker. “I think the producers are probably in a better financial position than what they thought. Also, the number of properties on the market is scarce enough, but there’s still enough demand out there for people to buy.” This benchmark study was done before USDA’s bridge payment announcement, but the potential for that assistance could be a factor in farmland prices.