Western Land Values Shift As Outside Forces Reshape the Market

ASFMRA’s Skye Root joins us to discuss shifts in Western farmland markets, financial pressures facing producers, and the outside forces influencing land values and decision-making.

costner 1.jpg

Photo via Kevin Costner & Modern West Instagram

BOISE, IDAHO (RFD NEWS) — Farm financial pressures are beginning to show up in the land market, as a mix of economic challenges and outside forces shape buying and selling activity across the West.

Accredited farm manager Skye Root with the American Society of Farm Managers and Rural Appraisers (ASFMRA) joined us on Wednesday’s Market Day Report to provide insight from his region.

In his interview with RFD News, Root discussed current trends in farmland sales in the West and how today’s market compares to the past few years, highlighting where financial pressures are showing up within farm operations.

Root also explained how factors like data center expansion, renewable energy development, and water constraints are influencing farmland values and reshaping the market.

Finally, he shared some key decisions he thinks farmers should be considering more strategically in the current environment.

Marion is a digital content manager for RFD News and FarmHER + RanchHER. She started working for Rural Media Group in May 2022, bringing a decade of digital experience in broadcast media and some cooking experience to the team.

LATEST STORIES BY THIS AUTHOR:

Keith Carson and Luke Clausen of Team Fishing Clash were an unstoppable force in the first Elimination Match of the Heritage Cup, grabbing the lead early in the day and never letting go.
American Soybean Association President Caleb Ragland joins us to share his reaction to September’s WASDE and discuss the trade uncertainty between China and his industry.
Bottom line: Despite all the efforts advocates make, workers are still making less money.
Harvested acres are estimated at 90.0 million, making this year’s corn crop one of the largest since the 1930s.
China has been largely absent from U.S. markets lately, but not when it comes to cotton. It’s a buy that, traders say, isn’t surprising given China’s limitations.