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Jun 1, 2021 · This map shows us the hotspots for farmland value across the U.S, and the hotspots of farmland value around the U.S. We also see that the Southeast and Texas are seeing substantial gains in 2020 over 2019 farmland values. Idaho is another state with rapidly rising agricultural land prices. California and the Midwest remain at the top of the ...
Step 2: The value reported for Adair County in the 2007 Census of Agriculture is $1,862 (from Table 1). Step 3: The Missouri state value for ag land in 2007 is $2,170 and in 2010 is $2,270 (from Table 2). Step 4: The percent change is 4.6% (= 2,270 ÷ 2,170 – 1).
The 2023 ISU Land Value Survey shows the average value of an acre of farmland increased by 3.7%, or $424, to $11,835 per acre. The nominal value of an acre of farmland is again higher this year than at any point since Iowa State University began surveying values in 1941. When adjusting for inflation, the 2023 average value increased by a modest ...
Aug 9, 2022 · Here are the states with the 10 highest cropland values: New Jersey: $15,900 per acre, up 7% from 2021; California: $15,410 per acre, 11% up from 2021
Sep 7, 2022 · PEIKES: Farmland prices have rocketed, especially in the Midwest and the High Plains. Recently in Iowa, some farmland sold for no lower than $25,000 an acre. Andy Helgeson says it's just too much.
Dec 12, 2022 · We’ve had 20-30% increases in land prices.”. Illinois experienced 1000 dollar per acre increases over the last year, but then when we look at Ohio and Nebraska, they’re up to $27,000 per acre in some areas. With these values, a lot of people have spoken to the 1980s crisis or the late 1970s when there was a sort of bubble there.
Land values climbed through most of the century, and saw only a few periods of decline. The first decline began in 1920 when agricultural land values averaged $69 per acre. While many industries were thriving in the 1920's, farm prices dropped due to huge agricultural surpluses, causing agricultural commodity prices and land values to drop ...
