Demand for farmland is good, but supply levels are concering economists.
The Farmland National Company found there are more buyers than sellers in today’s market. Land values have held steady in farm country, but pressure continues to mount over low prices and high inputs. However, real estate pros say farmers are still the primary buyers of ag land.
Across the industry, leaders say listings are down around 25 percent from active times between 2020 and 2023.
Related Stories
U.S. soybean farmers are growing increasingly frustrated by Argentina’s gains in Chinese grain contracts and Trump’s pledge of economic support for the South American ally.
Estate tax relief reduces pressure, but succession planning remains the critical challenge for farm families.
Midwest corn and soy producers are monitoring for disease and lower yields due to the ongoing drought over the last 30 days.
A new study by the National Grains and Feeds Association found that their industry generates $401.7 billion in economic output and supports over 1.16 million jobs nationwide.
Farmers should anticipate continued upward pressure on farm labor costs and monitor policy changes that may further impact hiring decisions.
Cotton farmers should weigh potential PLC payments against STAX coverage and act before the September 30 deadline.
