Land News
Farmland is an essential resource for American agriculture. As stewards of the land, farmers and ranchers strive to maximize per-acre value while prioritizing soil health, water conservation and wildlife management. A key indicator of the financial health of the farm sector, farmland values can be influenced by commodity prices, land quality and other factors.
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.
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.
Britain’s decision to leave the European Union could “unleash a series of dominoes” across ag markets, says Mike Steenhoek, executive director of the Soy Transportation Coalition.
The Big Get Bigger: Large farms continue to grow as smaller farms join forces in an attempt to compete.