In this latest Farm Progress report, Doug Hensley, President of Hertz Real Estate Services, reviews the last 60 days of farmland sales for our reporting state of Iowa. Hear about the factors that seem to be at play in creating a firming market compared to last fall. Details on key county sales throughout the state are detailed. Learn more here – https://bit.ly/428f04b
According to preliminary findings published on March 12, in the University of Nebraska–Lincoln’s 2024-25 Farm Real Estate Market Survey, Nebraska’s agricultural land values declined for the first time in six years. Learn more on the factors contributing to the current land values in our Midwest reporting state, in this University of Nebraska Today report – https://conta.cc/3Y078QL
“An annual decrease of 1% in the Seventh Federal Reserve District’s agricultural land values in 2024 ended a four-year run of substantial annual gains.” Read more on our Midwest reporting states of Illinois, Indiana, Iowa, Michigan, and Wisconsin farmland values in this February 23, 2025 AgUpdate report – https://conta.cc/4hc85fP
Land values in our Midwest reporting states of Illinois, Minnesota, Wisconsin, Iowa and Indiana, “revealed a complex story of regional shifts, economic pressures and evolving buyer strategies.” Get the full story in Compeer Financials’ report, which consists of 53 benchmark farmland properties across the Upper Midwest monitored by their appraisal team – https://compeer.com/articles/land-value-trends-revealed-by-2024-benchmark-farm-appraisals
Ag economists weigh in on farmland ownership and investment strategies in this February 14, 2025 Farm Progress report. Hear their thoughts on what current trends mean for farmland values, questions on stability, as well as selling land. Read the full article here – https://bit.ly/4aZ0BLk
The Federal Reserve Bank of Chicago’s AgLetter, No. 2007, February 2025 features farmland values for our Midwest reporting states of Illinois, Indiana, Iowa, Michigan, and Wisconsin. “An annual decrease of 1 percent in the Seventh Federal Reserve District’s agricultural land values in 2024 ended a four-year run of substantial annual gains.” Read their AgLetter: February 2025 report here – https://bit.ly/4hUHuVa
Due to the lack of land on the market, farm real estate is still fairing well on the land sales market. Find land sales reports for our Midwest states of Illinois and Nebraska in this February 5, 2025 Farm Progress Report – https://conta.cc/3WIDm
“For the first time, FCSAmerica, AgCountry Farm Credit Services and Frontier Farm Credit have released a joint land values report that includes appraisals for 93 benchmark farms and ranches in all or parts of eight states. The Associations update appraisals for their respective benchmark farms every January and July.” Below is Farm Credit Services of America – 6-month | 1-yr | 2-yrs | 5-yrs | 10-years on our Midwest reporting states:
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