Farmland prices are holding steady but there are a slew of factors that could change that

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.

Related Stories
Tight supplies are driving stronger early-year cattle prices.
Reported results include stronger in-season nitrogen response, average yield gains of more than seven bushels per acre and more than $18 per acre in net return.
Tony Adkins with Specialty Risk Insurance addresses current market challenges for farmers and ranchers and offers strategies to help producers navigate risk.
AFBF Women’s Leadership Committee Chair Isabella Chism joined us to discuss Ag Day planning, community involvement, and supporting the future of agriculture.
Acreage shifts could impact pricing and marketing plans.
During opening remarks, Rollins emphasized the strength and perseverance of the agricultural community, while teasing that a new policy announcement is expected later this week.

LATEST STORIES BY THIS AUTHOR:

Singer-songwriter and RanchHER Clare Dunn reflects on the importance of National FFA Week, her time in FFA, and her commitment to advocating for agriculture and rural issues.
FFA Western Region Vice President Jael Cruikshank talks about the importance of community service and how National FFA Organization members are making a difference in their communities during National FFA Week.
Ranger Road Fire has burned 283,000 acres across Kansas and the Oklahoma Panhandle and is nearing containment, as ranchers begin assessing cattle and infrastructure losses as they look toward recovery.
National FFA Secretary Lilly Nyland talks about the significance of National FFA Week, member engagement, and the influence FFA continues to have on students nationwide.
New details on the massive wildfire threatening farms and ranches in the Southern Plains.
Pre-filled Applications Available Online to Producers with a Login.gov Account