Farmland values have held steady so far this year. One analyst has been watching closely and says profitability will determine how the rest of the year goes.
“If things kind of stay the same, I don’t think we’ll see much change. But if we see any hiccups that affect the farm economy in a negative fashion, I think we could see somewhat of a downturn in general. And you know, those, those geopolitical events, uncertainty, these tariffs and things like that, are all playing a little part in in the in our US economy in general, but, but really have an opportunity to impact the ag economy,” said with Paul Shadegg, Senior Vice President of Real Estate at Farmers National Company.
Analysts have found high commodity prices in 2021-2023 led to growth in both cash rents and land values, which is likely a driving factor behind recent steady prices.
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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.
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The 2022 Census of Agriculture revealed a more than 30% decrease in U.S. dairy farms since 2017. The shrinking industry is now uniting to advocate for itself while also adopting technology to reduce operational strain.
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The September WASDE report comes out on Friday at Noon ET. As always, we’ll bring you those numbers right here on Market Day Report along with our expert
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