American Society of Farm Managers and Rural Appraisers
When adjusting for inflation, the 2022 average value surpassed the previous inflation-adjusted record set in 2013.
A key financial ratio we watch at LandOwner Newsletter suggests the financial health of the agriculture sector is still strong and not overly leveraged.
Farmland sales continue to smash records. The latest is an Iowa land sale that came in at $30,000 per acre. Is it a trend or a one-time phenomenon?
Check out these impressive farmland sales from 2022.
Not to sound like a broken record, but we have another record for farmland sales. In Sioux County, Iowa, 73.19 acres of high-quality farmland sold for $30,000 per acre during an auction on Nov. 11.
The nearly 280 acres sold in two tracts on Oct. 27 for a total of $5.5 million.
Acres platform provides comprehensive data to analyze value and productivity on 150 million parcels of land
Farmland is still going for record amounts. Just look at this recent sale in Iowa. In Plymouth County, Iowa, a new record was set to the tune of $26,250 per acre.
House Republicans asked the General Accountability Office to conduct a study on U.S. lands owned by foreign entities. The letter was signed by scores of other House Republicans.
Overall, cash rent levels will likely increase across all land classes. But, they’re less than the increases that happen between 2021 and 2022.