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
Lewis Williamson with HTS Commodities joined us to discuss spring planting progress and the outlook for trade and demand as the season continues.
Sen. Jerry Moran of Kansas joins us to discuss the Food for Peace program’s Kansas roots, its place in the Farm Bill, and the importance of the USDA’s visit to the state.
USDA approves disaster aid for Pennsylvania orchard and specialty crop growers after April freezes caused major crop damage statewide.
Applications are open through July 27, 2026, on Grants.gov.

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:

Jarrod Hardke with the University of Arkansas break down extreme drought conditions, shifting planting decisions, and the impact of rising input costs on Arkansas agriculture this season.
Oklahoma livestock economist Dr. Derrell Peel helps us break down the April Cattle-on-Feed report and what it signals for herd rebuilding, supplies and prices moving forward.
Tariff refunds are underway, potentially returning billions to importers, as agriculture groups push for a larger role in trade policy and investigations.
Patrick De Haan with GasBuddy joined us to discuss diesel price volatility and what farmers can expect as geopolitical tensions continue to impact energy markets.
Farm programs remain small but politically easier to expand.
Transporting pollinator colonies—primarily honey bee hives—is a major logistical operation in U.S. agriculture. Costs can vary widely depending on distance, fuel prices, labor, and timing.