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

Compeer Financial Land Sales Highlights

accountMktgLSB | calendar-monthAugust 27, 2024

“After a few years of trending up, farmland prices have stabilized across the Upper Midwest. With ongoing negative pressures on profit margins, cash rents are expected to follow suit. How will this impact the outlook on land values for the remainder of 2024?” Hear more by tuning into Compeer’s latest appraisal podcast episode available wherever you stream your podcasts!
Spotify: https://spoti.fi/3SXM0YM
Apple Podcasts:https://apple.co/4dWi4nV

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

The Hertz Outlook Summer 2024 Report

accountMktgLSB | calendar-monthJuly 16, 2024

The Hertz Outlook is a quarterly publication focused on the Midwest Farmland real estate market. Each quarter their report provides updates on the changing landscape of Midwest farmland values and all of the factors affecting them. https://bit.ly/3XX0z2e