Shining Light on Farm & Food Policy for 20 Years. Saturday, November 02, 2024

Food

Planting

Farmland values surge amid strong crop prices and inflation

The average value of American cropland across the country rose sharply by about 14% in 2022 as strong commodity prices and inflation eclipsed rising input and other production costs. It was the second straight year farmers saw substantial increases in the value of their land, with some of the biggest jumps in the Northern Plains, Corn Belt and Lake States, according to new USDA data.
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