ASFMRA Early Spring Farmland Market Update and Growing Season Outlook

Justin Wheeler with the American Society of Farm Managers & Rural Appraisers joined us with insight into current farmland values and what to watch in the year ahead.

DECATUR, ILL. (RFD NEWS) — The farmland market is beginning to show signs of stabilization after several years of steady growth. While land values remain historically high, several factors are expected to influence the market outlook as the industry looks ahead to 2026.

Justin Wheeler with the American Society of Farm Managers & Rural Appraisers (ASFMRA) joined us on Wednesday’s Market Day Report to provide an update on current land values and sales activity.

In his interview with RFD NEWS, Wheeler discussed where the market stands today and how recent trends are shaping buyer and seller behavior across farm country. Looking ahead, he shared his outlook on farmland values and outlined additional factors that could affect the market in 2026, along with his perspective for landowners, buyers, and operators navigating decisions in a changing farmland environment.

Related Stories
The Illinois Farm Bureau shows how hemp can regenerate the earth and boost rural economies.
Demand for farm loans surged in the first quarter of the year, topping the previous record set in 2016.
FarmHER Kait Thornton joined us on Thursday on the Market Day Report to talk about the podcast episode, her family orchard’s 100th anniversary + more!
Tennessee FarmHER Bridget Bryant’s porch garden evolves into a sprawling community outreach project that provides fresh produce to those in need and teaches urban kids how to grow their own food.

Marion is a digital content manager for RFD News and FarmHER + RanchHER. She started working for Rural Media Group in May 2022, bringing a decade of digital experience in broadcast media and some cooking experience to the team.

LATEST STORIES BY THIS AUTHOR:

Chad Rezniek with the Colorado AgrAbility Project joined us as part of National Farm Safety and Health Week to discuss the growing need for behavioral health support in rural communities.
Farm CPA Paul Neiffer joined us on Friday’s Market Day Report to break down what this extension means for affected ranchers.
Potash has seen the most significant decline, falling 11 percent over the same five-year period.
FarmHER Christina Woerner McInnis is revolutionizing soil health in Alabama with SoilKit, a cutting-edge tool.
Secretary Rollins’ plan targets high costs, labor challenges, and export growth, delivering relief at home while building markets abroad.
Transportation challenges are mounting as droughts lower Mississippi River levels and push freight rates higher.