Landwatch News Update November 1, 2024

accountMktgLSB | calendar-monthNovember 4, 2024

DTN Progressive Farmer’s latest Landwatch News Update for November 1, 2024 featuring land sales in our Midwest reporting states of Illinois, Indiana, Minnesota, Nebraska, and South Dakota – https://bit.ly/4hNftjh

Farmers feel squeeze of land prices

accountMktgLSB | calendar-monthNovember 1, 2024

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

Land Values for our Midwest reporting state of Indiana

accountMktgLSB | calendar-monthOctober 28, 2024

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

Purdue University Report – https://bit.ly/3UrNKup

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Land Values for our Midwest reporting state of Indiana – Land Sales Bulletin

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Oct 28, 2024 - Insights to Indiana land values and forecasted trends

Purdue University Report – https://bit.ly/3UrNKup

USDA Land Values Summary Report 2024

accountMktgLSB | calendar-monthOctober 10, 2024

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

Youth Movement

accountMktgLSB | calendar-monthSeptember 11, 2024

Our Midwest states of Indiana and North Dakota are in the top 3 for the highest percentage of young producers (farmers under the age of 35); Nebraska, Ohio, South Dakota, and Iowa are also in the top 10. Learn more from American Farmland Owner Editor, Dave Price, as he shares important details, obstacles, and hopeful legislation for young producers – our next generation and future for the farming industry. Learn more here – https://www.americanfarmlandowner.com/post/youth-movement

Number of Farms and Land In Farms in the Midwest

accountMktgLSB | calendar-monthAugust 4, 2024

Farm Doc Daily July 29, 2024 Report analyzed data for 8 Midwest states from the 2017 and 2022 Census of Agriculture, which demonstrates and confirms the 21st Century decline in number of farms and land in farms. Find their full report here – https://bit.ly/3Sx4y28