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
For decades, U.S. agriculture has planned around feeding a growing world. Experts say that trend could reverse course in the next 30 years.
Farm Bureau economist Dr. Faith Parum says agriculture still needs to see U.S. products actively moving into China.
Farm CPA Paul Neiffer says producers forced to sell livestock due to drought may have several tax options available.
Richard Gupton says reliable roads, bridges and rail systems remain essential for ag retailers and the broader farm supply chain.

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:

Bridge payments are helping, but many producers still face losses and tight margins. AEM’s Curt Blades joins us to discuss how the current farm economy is pressuring equipment demand.
Purdue economist Dr. Joana Colussi discussed the U.S. and Brazil’s reliance on imported fertilizers and their impact on global food security amid rising input costs.
RFA President and CEO Geoff Cooper joined us to discuss the proposed E15 amendment in the Farm Bill, industry reaction to the legislation, and the outlook for year-round E15 sales.
USDA Secretary Brooke Rollins plans a farm visit in Missouri, hinting at a possible fertilizer relief announcement on RFD-TV earlier this week. USDA also restructures its research infrastructure and launches new food-safety centers.
Dry conditions have severely impacted key winter wheat states with persistent moisture deficits. As quality declines, analysts warn some crops may be lost despite upcoming rain.
Kansas row crop farmer Brad Keeler joins us to discuss drought conditions, planting decisions, input costs, and overall farmer sentiment in his region.