Articles tagged under: land values
#9: Farmland Values Break New Records in ’22
Published January 6, 2023
USDA’s land values summary shows farmland values rose by $420 per acre this year. American Farm Bureau Federation economist Danny Munch said that’s the largest year-over-year increase since the survey began in 1997. “Part of this increase is going to…Land and Equipment Outlook
Published November 21, 2022
BigIron Auctions Vice President of Ag Sales Kurt Campbell says land sales remain strong. "We've hit record prices on several different parcels of ag land. Oftentimes, we'll see neighbors spend a little bit more when an acre of land comes…Land Values Will Respond to Interest Rate Increases
Published November 12, 2022
Inflation has affected nearly every aspect of production agriculture, including land prices, machinery, fertilizer, and other inputs. NDSU Ag Finance Specialist Bryon Parman expects land prices to eventually decline due to the higher interest rates. "I wouldn't be shocked to…An Opportunity Market
Published September 13, 2022
Farmers National Company real estate salesperson and appraiser Kyle Nelson sees strength in the land market. "I think opportunity is driving motivation to purchase land. Right now, we're still seeing optimism and interest rates aren't deterring interest yet." Watch the…Farm Rental Rates Get a Boost
Published August 15, 2022
Similar to land values, rental rates increased during the quarter by an average of 15 percent from one year ago. That's according to a report from the Federal Reserve office in Kansas City. Non-irrigated farmland values increased about 35 percent…U.S. Farmland Values Increase
Published August 12, 2022
USDA’s land values summary shows farm land values increasing by $420 per acre this year. American Farm Bureau Federation economist Danny Munch that’s the largest year-over-year increase since the survey began in 1997. "Combining it with all of these other…Farmland Prices Push Higher
Published April 14, 2022
Red River Land Company Vice President John Botsford says land values in North Dakota and northern Minnesota are moving higher. "Since the start of the new year, we've seen more activity than normal. Higher quality land is standing out the…Know Your Cost of Production Going Into 2022
Published December 3, 2021
Higher input costs could lower farm income potential next year. Fertilizer costs are getting a lot of attention. "Almost all fertilizer products are up double what they were compared to one year ago." MinnStar Bank Farm Management Analyst Kent Thiesse…Land Values Remain Firm
Published August 23, 2021
Higher commodity prices coupled with government payments has land values firming across the Kansas City Federal Reserve Bank District. Kansas City Fed Regional Economist Nathan Kauffman says the increase is primarily being seen in crop land values. "This has been…