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.
Cheaper freight is helping exports move, especially corn, but weaker soybean demand looms large.
September 18, 2025 04:37 PM
·
Disease risks remain a key factor to watch heading into fall.
September 18, 2025 03:07 PM
·
American Farm Bureau Federation (AFBF) economist Danny Munch explains how the Emergency Livestock Relief Program application process differs from other USDA aid programs.
September 18, 2025 01:39 PM
·
According to the National Council of Farmers Cooperatives (NCFC), President and CEO Chuck Conner says, there is only one other option besides addressing ag labor shortages.
September 18, 2025 01:10 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
·
The modest cut should slightly reduce borrowing costs on operating loans, land notes, and equipment financing for agriculture, giving some relief to producers under heavy debt loads.
September 18, 2025 10:29 AM
·
