Midwest Farmland values for the 3rd quarter of 2024 nearly the same as 2023, according to the recently published AgLetter findings report. Click on the link to view or download the full report details on the Federal Reserve Bank of Chicago Seventh District states – https://bit.ly/40M8WyY
Dave Price of American Farmland Owner, looks at three notable farmland sales in our Midwest reporting states of Illinois and Iowa from this past summer. Find details in this latest Successful Farming report – https://bit.ly/3YwX6pC
Find the latest land sales updates and news on our Midwest reporting state of Minnesota. A substandard crop year and low commodity prices may have softened the land market a bit. However, fewer farms on the market have helped keep values steady. View recent sales and learn more in this latest Farm Progress report – https://bit.ly/3NZAgST
University of Illinois agricultural economists Gary Schnitkey and Nick Paulson recently presented key information covering USDA projections, an outlook on farm rental rates and land values. Learn more in this Ag Update report, detailing their shared USDA NASS data and more on farmland values in our Midwest reporting states of Illinois, Iowa, and Indiana – https://bit.ly/3NMXuvx
The latest landowner news report from Farmers National Company, discussing land values to agriculture resiliency for our Midwest reporting states. Gain insights to buyers’ motivating factors, concerns, and market drivers impacting farmland sales – https://bit.ly/4hrly4H
Two key Indiana real estate firms in farmland sales, auctions, and management, share their thoughts on the recent Purdue Farmland Value & Cash Rent Survey report. Hear their insights on our Hoosier’s states 4.8% increase from 2023 to 2024, trends for 2025, and the predicted 13% increase over the next 5 years. Farm Progress – https://bit.ly/3BWktkU
The recent land auction sale of Woodhill Farms in our Midwest reporting state of Wisconsin, generated interest from 68 farmers and investors from across the country. Made up of 818 acres, including farmland, pasture, and recreational land, brought an average $8,123 an acre; higher than the average sale price in Wisconsin. Learn more about this beautiful property and sales details in this latest article “Turn-key cattle operation auction attracts 68 potential buyers, ends up in local hands” from Successful Farming – https://bit.ly/4hbjZr9
Here is the USDAs latest Land Values Summary Report 2024 for our Midwest Reporting states – Our Corn Belt States: Illinois, Indiana, Iowa, and Ohio, cropland values climbed by an average of 4.5% to $8,560. The average cropland value in our Northern Plains states: Nebraska, North Dakota, and South Dakota was $4,040 per acre, an increase of 6.6%. Our Lake states: Minnesota and Wisconsin saw an average price increase of 4.2% to $6,470. Full Report details here – https://bit.ly/4eEQcWe
Today’s October 9, 2024 Farm Progress report features our Midwest reporting state of Minnesota. September has proven to demonstrate an increase in land values and a stable holding in the land market. Although the number of farm land sales is down from last year and the uncertain early harvest reports, supply and demand is still notable, with farmers leading the charge on quality farmland purchases. Learn more here – https://bit.ly/47YjEEj
This second article from Farmdoc Daily, continues the study of changes in US farmland during the 21st Century. It’s focus, the changes in major farmland use categories by US region between 1997 and 2022 Census of US Agriculture. Read more here – https://bit.ly/3ZQGTOG View and Download the full report