Search - AgWeb

Eye-Catching Land Sales - Fall 2019

Above-average crop yields created optimism for farmland prices last fall. That post-harvest bump combined with a short supply of land for sale and continued low interest rates have propped up values in many locations, says Randy Dickhut, senior vice president of real estate operations for Farmers National Company (FNC).

The number of farms sold in 2017 declined for the fifth year in a row, according to data from Farm Credit Services of America (FCSAmerica) and Frontier Farm Credit. The lenders report the number of sales in their service area declined by about 270, or 7.5%, compared to 2016.

A strong and stable agricultural economy is boosting farmland values in Canada.

The total return from farmland owned by pension funds rose during the first quarter of 2018.

Over the last few years, the average break even crop price has dropped. According to Purdue University, some of that can be attributed to softening farmland rental rates.

Market Outlook

Market news and updates