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
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
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
Murray Wise Associates September Land Review Report, featuring highlighted farmland sales from our reporting state of Iowa, is available for viewing – https://murraywiseassociates.com/september-2024-edition-iowa-mwa-land-review/ . Subscribe online to have this valuable bi-monthly report sent directly to you.
Farmers National Company’s latest news report looks at land values over the last 10 years, current trends and the outlook for this fall. Examining land sold in our reporting states of Iowa and Minnesota from 2014 to 2024, industry cycles are clearly demonstrated. As land values and the industry move through these cycles, farmland continues to show its strong investment value over time. Read more here – https://bit.ly/3N1yWOU
With so many variables and uncertainties in the agricultural world right now, it’s refreshing to share some good news for our farmers and their farmland. See Agriculture Dive’s brief for more positive news around the needed collaboration and support created for our farmers – https://bit.ly/3Xx5HYU