Ag Land Values Remain Steady in 2019

Amid trade tensions, decreased prices, and weather woes, the latest survey by the U.S. Department of Agriculture shows a rise in farm real estate values in 2019.

Farm real estate values, a measurement of the value of all land and buildings on farms, grew by an average of $60 per acre across the U.S., a 1.9 percent increase over last year.

Although the survey does not include forestland, it does break out values for both farm cropland and pastures.  These values may bear some relation to the underlying bare land value of forested acreage.  Both cropland and pasture values were up in 2019, by 1.2 and 2.3 percent respectively.

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