Articles tagged under: farmland values
Is the Decline of Net Income Softening Farmland Values?
Published September 20, 2024
As net farm incomes climbed to new highs in the early 2020s, so did farmland values. With 2024's farm income reversal, NDSU Agricultural Finance Specialist Bryon Parman expects farmland values to follow that downward trend. "There's been a pretty rapid…Farmland Values Continue to Push Higher
Published August 5, 2024
Farmland values continue to push higher. According to a new report from USDA, Minnesota farm real estate value averaged $6,450 per acre in 2024. South Dakota farmland averaged $2,780 and North Dakota was at $2,260 per acre. In all three…Farmland Values Shows Signs of Settling
Published July 9, 2024
A new report from Farmers National Company says the farmland market is showing signs of leveling out. Senior Vice President of Real Estate Operations Paul Schadegg said the agricultural land market has been “nothing short of exceptional during the past…Well Grounded
Published May 3, 2024
The Well Grounded podcast is a presentation of Acres and Shares and the Red River Farm Network. In this edition, our guest is Bryon Parman, agricultural finance specialist, North Dakota State University, who breaks down the annual land values survey.…Farmland Values Defy Markets
Published March 29, 2024
Despite higher interest rates and lower commodity prices, land values continue to climb over their historic highs leading some to wonder what their ceiling is. Worrell Land Services owner and Farmland Values Conference Project Chair Luke Worrell says that the…Farmland Demand Remains Strong
Published February 22, 2024
Farmland prices continue to climb. AcrePro Managing Broker David Gorder says the trend is still upward. "Demand is still strong for good quality land, even marginal land has still been selling pretty strong," said Gorder. "I think a few good years…The Difference Between Price and Value
Published December 24, 2023
Bell Bank Director of Agribusiness Development Lynn Paulson does not expect farmland values to drop in 2024. “There’s been a phenomenal amount of cash built up in agriculture, so a lot of the land that’s being bought is being bought…Headwinds for Farm Real Estate
Published November 28, 2023
Land prices have not declined as would have been expected with higher interest rates, lower farm income and higher input costs. “A lot of the reason is that there was a little less land for sale,” said Randy Dickhut, farmland…Land Values Remain Strong
Published November 27, 2023
Despite higher interest rates, Farmers National Company Senior Vice President Matt Gunderson has not seen farmland prices come down. "Prices have been holding fairly decent and so that's creating a lot of cash out in the country," said Gunderson. "They're…