Market Sees Offerings Trending Toward Private Treaties
Discover recent farmland sales in Iowa, Illinois, and Minnesota, highlighting key transactions, buyer types, and land values.
Five Factors that Influence Farmland Values
Explore the key factors influencing farmland values, from commodity prices and interest rates to crop input costs, land sale volume, and local historical wealth. We're breaking down how these elements shape the farmland market and what it means for land prices in 2024.
Bankers Report Moderate Land Value Growth and Tighter Credit Conditions
Despite high interest rates, farmland values remained stable or slightly increased in early 2024, with Illinois, Iowa, Indiana, and Wisconsin showing modest growth. Federal Reserve surveys highlight regional variations, while Creighton University's survey indicates a slowdown in farmland price growth amid declining farm income and higher loan interest rates.
Cautious Land Market Holding Its Own
Farmland values have remained stable in 2024 despite economic challenges like low commodity prices and high input costs. Doug Hensley, reports cautious optimism as farmers protect finances and the market holds steady amid varying local conditions.
June 2024 Wallace’s Farmer MarketPlace Extra
We all know those neighborhoods where land values seem to include a premium that is not common to the broader market. Some may call it an “Old Money” neighborhood. Over time, my observation has been that many of these financially vibrant neighborhoods have a correlation to very productive soil types, and often, a diversity of enterprises.
The Growing Role of Biofuels and Its Impact on Landowners
Biofuels represent a significant opportunity for farmland owners to participate in the renewable energy transition. By understanding the types of biofuels, their production, and the potential benefits, landowners can make informed decisions that align with both their financial goals and environmental values.
Farmland Value Update - Summer 2024
...the Midwestern farmland market remains stable, and thus far, largely resilient in the face of shifts in the larger underlying economy. Given the underlying weakness in commodity prices, along with the higher interest rate environment, the potential for weakness does exist.