KANSAS CITY, MO (RFD NEWS) — Ranchland values climbed sharply in the Tenth Federal Reserve District as strong cattle prices continued to support parts of the farm economy.
The Kansas City Federal Reserve says ranchland values rose nearly 11 percent from a year ago, reaching new record highs in early 2026.
Cropland values also improved modestly after recent weakness. Non-irrigated cropland rose about 2.5 percent, while irrigated cropland increased about 4 percent and remained near historic highs.
The farm economy remains split.
The Kansas City Federal Reserve says cattle revenues, government payments, and strong land values are supporting balance sheets, while crop producers still face narrow margins, fertilizer uncertainty, and fuel cost concerns.
Credit conditions continue to show gradual stress. Loan demand increased steadily, repayment rates weakened modestly, and lenders reported that about 20 percent of borrowers had more carryover debt than last year.
Even so, loan denials remained low, and strong farmland values helped keep leverage steady.
Farm-Level Takeaway: Strong cattle markets are lifting ranchland values, but crop-sector margins and carryover debt still point to financial pressure.
Tony St. James, RFD News Markets Specialist
Rising input costs may squeeze margins and shift planting decisions. Scott Metzger with the American Soybean Association discusses fertilizer market pressures and what is at stake for farmers as planting season ramps up.
April 10, 2026 12:18 PM
·
Shaun Haney with Real Ag Radio joined us to break down the USMCA review and what Canadian producers and exporters should be watching in the months ahead.
April 09, 2026 02:39 PM
·
USDA Undersecretary Dr. Mindy Brashears provides more insight on the updated “Product of USA” label campaign and the USDA’s goals for both consumers and producers.
April 09, 2026 02:19 PM
·
Farm CPA Paul Neiffer joined us to break down the application process for Stages 1 and 2 of the USDA’s Supplemental Disaster Relief Program, and what farmers can expect as the deadline approaches.
April 09, 2026 01:59 PM
·
Fertilizer relief may be limited despite the reopening of the Strait of Hormuz this week. AgriSompo’s Brooks York discusses marketing strategies, crop insurance considerations, and other tips for producers navigating volatility this planting season.
April 09, 2026 01:25 PM
·
$2 million project tests fogging system to stop the virus in poultry facilities
April 09, 2026 12:45 PM
·
