The Dramatic Shift in the U.S. Ag Land Price‑Rent Ratio

accountMktgLSB | calendar-monthJanuary 15, 2026

The U.S. ag land price‑rent ratio has nearly doubled since 1998 — rising from 20 to 36 — and no single economic factor fully explains why. New farmdoc analysis shows that if the ratio had held steady, today’s cropland values would be roughly 40% lower. With land making up ~80% of U.S. farm assets, understanding the drivers behind this long‑term shift is essential for lenders, investors, and producers. Read more from Successful FarmingThe Dramatic Change in U.S. Ag Land Price-Rent Ratio

Download farmdoc daily full report here: Farmdoc – Change in US Ag Land Price-Rent Radio