California farmland values have taken a hit.
It is a price trend our friends at the American Society of Farm Managers and Rural Appraisers have been warning of for quite a while.
A new groundwater law combined with poor commodity prices has led to double digit year-over-year farmland declines. While the San Joaquin Valley tends tohave greater water access than other parts of the state, farmland values there have still fallen.
Almond orchards that once sold for $60,000 an acre are now facing prices below just $44,000 an acre.
Meanwhile in Hawaii, the state is looking to purchase over 1,000 of farmland in Kaua’i that is currently owned by a billionare tech entrepreneur.
The $39 million deal is still waiting legislative approval. The state hopes to use the land to achieve local food production goals by allowing Hawaii’s Agribusiness Development Corps to satisfy the demand of farmers looking for access to more land.
Dividing up a family farming operation can be challenging, especially for children who may not want to become farmers themselves.
September 29, 2025 01:24 PM
·
Land values are increasing faster than farm income, making it more challenging for young and beginning farmers to expand, but supporting equity for current landowners.
September 29, 2025 09:58 AM
·
Estate tax relief reduces pressure, but succession planning remains the critical challenge for farm families.
September 24, 2025 04:57 PM
·
Midwest corn and soy producers are monitoring for disease and lower yields due to the ongoing drought over the last 30 days.
September 24, 2025 04:38 PM
·
For rural communities, this shift could mean new housing options for farmworkers and young families priced out of metro markets.
September 18, 2025 11:37 AM
·
How many burgers could you buy instead of a house?
September 12, 2025 10:04 AM
·
Farm CPA Paul Neiffer joined us on Thursday’s Market Day Report for a closer look at how Trump’s Big, Beautiful Bill changes to base acres and potential impacts on future ARC and PLC payments.
September 11, 2025 01:36 PM
·
As the White House works to close the trade gap, patience is wearing thin for some lawmakers. Senator Chuck Grassley (R-IA) says farmers are getting backed into a corner.
September 11, 2025 11:26 AM
·
Demand for farm loans surged in the first quarter of the year, topping the previous record set in 2016.