ASFMRA Farmland Market Outlook: Water Availability and Climate Pressures Drive Arizona Land Values

ASFMRA’s Shawn Wood joins us to discuss farmland market trends in Arizona and the key factors shaping land values and water-driven decision-making.

southwest_arizona desert sunset catus_adobe stock.png

Adobe Stock

BUCKEYE, ARIZONA (RFD NEWS) — A range of factors is shaping farmland and ranch real estate activity across Arizona, where unique water and climate conditions continue to influence buyer demand and land values.

Shawn Wood with the American Society of Farm Managers and Rural Appraisers (ASFMRA) joined us on Wednesday’s Market Day Report to provide an update on current market conditions in the state.

In his interview with RFD NEWS, Wood discussed what is currently driving activity in Arizona’s farmland and ranch sales market, including how evolving conditions are shaping buyer demand and pricing across different regions. He also addressed the ongoing challenges of water availability and climate pressures in Arizona agriculture, and how these factors are influencing farming operations and long-term land-use decisions.

Wood further explained the importance of Colorado River water to the state, noting its role in supporting both agricultural production and urban demand, and discussed what could be at stake if those supplies are reduced.

Finally, he touched on whether recent border closures and enforcement changes are having any impact on real estate markets, particularly in rural and border-area communities.

Related Stories
USDA says both crops remain ahead of the five-year average as farmers continue monitoring dry Corn Belt conditions.
Texas Farm Bureau takes us behind the scenes at USDA’s sterile fly facility, considered a first line of defense against New World Screwworm, a fight Texas Ag Commissioner Sid Miller fears is “futile.”
RealAg Radio’s Shaun Haney joins us to discuss Canadian farmer sentiment, saying many are also struggling with profitability and long-term outlook in agriculture.
Several fires have merged into Kansas’ largest active wildfire as crews continue battling shifting winds and dry conditions.
The Texas Agriculture Commissioner says crews are still working to contain fires while farmers and ranchers begin assessing damage.
Volunteer firefighters describe devastating scenes as crews continue battling multiple fires across the region.

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:

Poison Hemlock is an invasive weed in many parts of the U.S., but is currently spreading in Ohio. Ingesting the plant or its seeds is deadly to humans and livestock.
RanchHER Season 2 - Mid-Season Finale
Premieres Tue, 6/4/24 – 9 PM ET | 8 PM CT | 7 PM MT | 6 PM PT