KANSAS CITY, MO (RFD NEWS) — Farmland values across the Midwest and Plains held steady in 2025 even as farm income, credit conditions, and repayment trends softened through the year, according to Federal Reserve agricultural credit surveys.
Francisco Scott and Ty Kreitman report cropland values were unchanged or slightly higher across participating Federal Reserve Districts, supported by resilient land demand and ad hoc government assistance despite tightening farm finances. Financial stress remained limited overall through late 2025.
Farm-Level Takeaway: Strong land values continue masking tighter farm finances.
Tony St. James, RFD NEWS Markets Specialist
Farm income weakened gradually in the fourth quarter, though declines slowed in some regions. Credit conditions also softened but at a slower pace, with fewer lenders reporting year-over-year deterioration in repayment rates across several Districts. Farm loan interest rates declined modestly from 2023 peaks to about 7.5 percent on average — still above long-term norms.
Regional farmland trends varied. Nonirrigated cropland values rose by more than 5 percent in northern Indiana, Kansas, and Texas but fell by about 4 percent in South Dakota, highlighting localized supply, income, and weather dynamics.
Here is a regional snapshot of harvest pace, crop conditions, logistics, and livestock economics across U.S. agriculture for the week of Monday, November 17, 2025.
November 17, 2025 05:05 PM
·
National Pork Board Chief Sustainability Officer Jamie Burr shares a closer look at the Pork Checkoff’s Pork Cares Farm Impact Report, a research program to increase trust in the pork supply chain.
November 17, 2025 02:03 PM
·
For many farm businesses, property taxes on business assets have become a significant and highly visible expense, threatening liquidity, discouraging investment, and creating a disproportionate burden when compared to other industries.
November 17, 2025 01:34 PM
·
Ethanol markets remain mixed — weaker production and blend rates are being partially balanced by stronger exports as winter demand patterns take shape.
November 17, 2025 01:24 PM
·
Strong U.S. yields and steady demand leave most major crops well supplied, keeping price pressure in place unless usage strengthens or weather shifts outlooks.
November 17, 2025 01:17 PM
·
Retail competition and improved supplies are helping offset food inflation, pushing Thanksgiving meal costs modestly lower despite higher prices for beef, eggs, and dairy.
November 16, 2025 03:00 PM
·
