“Stable and steady” has defined this past month of farmland sales prices for our Midwest state of Minnesota. Despite the drop in buyer demand, “B” quality farms continue to bring a good value per acre. Article highlights also include a farmer survey by Purdue University Center for Commercial Agriculture on what farmer sentiments are favoring. Read more from Farm Progress here – https://conta.cc/4h7BmIY
This January 15, 2025 Farm Progress Report looks at the cyclical nature of the land market. What to expect in a new year land market can be aided by referencing parallels with historical land cycles. Learn more here – https://conta.cc/4jhjk8M
A positive and encouraging story unfolds on farmland value in this January 5, 2025 report by the USDA Economic Research Service. Nominal value of farmland has caught up to its inflation-adjusted value for the first time in history. See the full report for in depth details, key charts, and to learn why this matters. Read more here – https://bit.ly/3WfyUI5
Using the 2024 Iowa State University Land Value Survey and report from Peoples Company, Successful Farming helps answer this question. Find details to the positive and negative factors impacting Iowa farmland values. These same influencing factors are found in additional Corn Belt states, which include our Midwest states of Illinois, Indiana, and Ohio. Learn more here – https://bit.ly/4jdheqk
Progressive Farmer’s January 6, 2025 article looks at a new report from Farmers National Company that details the how and why on the “lack of balance between demand and supply” that is keeping the land market relatively stable despite a downturn in the ag economy. Learn more here – https://bit.ly/40dSndx
American Farmland Owner’s recent articles shares a collaborative outlook for land values across our Midwest states for 2025. “We see agricultural land values across the Midwest that could face a period of recalibration after several years of growth, according to experts who study trends in the industry.” The report includes authors of three publications, who share their thoughts and predictions on what could happen in the new year. Read more here – https://bit.ly/4a9aA0d
Farm Progress January 7, 2025, “Not as many farms for sale,” shares the latest land sales in four counties in our Midwest state of Nebraska. Despite land inventory being low, the interest in purchasing farmland remains high. Learn more on the four counties sales and details here – https://bit.ly/3W87B2m
In this January 7, 2025 article from Agriculture Dive, learn about the latest updates and outlooks on farmland values for 2025. Hear from Paul Schadegg, Farmers National Company Senior VP of Real Estate Operations on why “optimism remains moving into 2025”. Listen or read here – https://bit.ly/3W9SZQh
Land values across our Midwest states, continue to demonstrate the the resiliency of the land market. “Despite the pressures created by lower net farm income, declining commodity markets, higher interest rates, and increased input costs,” land values across our Midwest reporting states remain stable. Learn more here – https://bit.ly/4gEW1Ef