Prices Stable For High-Quality Farmland

January 22, 2018 10:57 AM

Today, Farm Credit Services of America (FCSAmerica), announced that farmland values in four of its key markets stabilized in 2017, a reflection of what it says is continued market demand for high-quality land.

The announcement mirrors what the USDA reported in its 2017 Land Values Summary. In that report, cropland prices across the country remained unchanged from the previous year at an average value of 4,090 per acre.

FCSAmerica reports that where pricesdropped at local or regional levels, sales generally involved lower quality land.”

Tim Koch, FCSAmerica chief risk officer, says while overall real estate values have stabilized, “continued low profit margins and potential for an increase in sales activity could put downward pressure on real estate values.”

Here is the cooperative’s change in benchmark farm values for grain-belt states it serves--Iowa, Nebraska, South Dakota and Wyoming--through 2017. The number of benchmark farms in each state is indicated by parentheses. FCSAmerica compiles sales records and, twice a year, appraises 64 benchmark farms.


Six Month

One Year

Five Year

Ten Year

Iowa (21)





​Nebraska (18)





South Dakota (23)





Wyoming (2)     






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Spell Check

bad axe, MI
1/22/2018 08:11 PM

  I read all the articles on land values I can when time allows and I try to read all the comments on all topics when time allows. What I noticed is most articles and comments are geared to a thought process that what I conclude is ( LIVING IN THE PAST). Land values and asset values are being supported by the 70 trillion in credit market debt and the 70 trillion of bank deposits as a result of the debt . What most don't understand is if we knew everything and were the best at what we did in the world why are we so far in debt if we are so smart . Land went up in value plane and simple after world war II because of credit, no credit, no inflation . If you went and called all the credit in ,in this country land would go down to well under a $1,000.00 per acre. You can wright all these articles you want and put any spin on it but if we were so smart how did we get 70 trillion in debt. Land values in this country wright now are being drove by credit not by supply and demand or crop demand . Just remember the FEDERAL RESERVE has only 3.8 trillion in printed money in circulation so how did you end up in so much debt of 70 trillion.


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