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.
Working capital is tightening for crop farms, increasing reliance on operating loans even as land values steady in the broader sector.
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