Farm land values are down from their highs in the early 2020s

After a few years of upward pricing, farmland values are starting to cool.

One economist says prices started to peak across farm country in the early 2020s.

“Yes, and that corresponds with that double-digit run-up in land values during that time for a lot of states, specifically the ‘I’ states, with very strong commodity prices, some good yields in a lot of places, and uncertainty in the market post-COVID, and some other things that drove the land prices higher. And the people, this would be families that inherited land, estates that needed to sell the land, or even some investors that wanted to capitalize on those higher prices. They decide to sell, and those prices run up. We saw the same thing leading up to 2012-'13,” said Randy Dickhut.

On average, land listings are down 25 percent from early 2020. Researchers at Farmers National say active farmers continue to be the primary land buyers this year.

Related Stories
Report warns stolen sprayers could be misused
Dr. Peter Beetham with Cibus joins us to discuss the Supreme Court review of a case about glyphosate use, its potential impact on Bayer and Roundup, farmers who use the products, and the ag industry as a whole.
Meredith Petersen joined us to discuss the National Swine Health Strategy, how it was developed through industry collaboration, potential challenges ahead, and its expected benefits for pork producers.
U.S. Soybean Export Council CEO Jim Sutter joins us to discuss the impact of new trade development funding for U.S. soy.
Steady Panama Canal operations help support more predictable shipping conditions for global agriculture.
Lower slaughter numbers reduced 2025 red meat output even with heavier cattle and hogs.

LATEST STORIES BY THIS AUTHOR:

Total Equine, Total Feeds’ flagship product, is a feed for all ages of horses.
Optimize Yield and Profit Potential Next Year.
Bass Pro Shops Launches Outdoor Programming on RURAL RADIO. New weekly live show features interviews with the experts covering the latest information about fishing,
RURAL RADIO on SiriusXM Hosts the World’s Largest Parade of Pickup Trucks at the Iconic Home of the Indy 500
Join the founder of My Pillow, Mike Lindell, and learn about his new towel line and what makes them so unique.
Monty’s proprietary humic technology makes their product the most active and soluble available in the marketplace, and is formulated to the ideal humic to fulvic ratio to maximize yields and success.