National Agri-Marketing Association
NAMA Website
Upcoming Events
Chapters
Agri-Marketing Conf
Best of NAMA 2020












USDA: CHANGES IN FARM REAL ESTATE VALUES EXHIBIT WIDE VARIATION ACROSS STATES
Source: USDA news release

Between 2010 and 2015, change in inflation-adjusted average farm real estate values (the value of farmland and buildings) varied widely across the 48 contiguous States.

The value of farm real estate is expected to change over time to reflect changes in expectations for income streams from future use-including both agriculture and nonagricultural uses. Over 2010-15, the largest State percentage increases in farm real estate values occurred in the Northern Plains and Midwest regions, presumably based on expectations of high farm-based earnings.

In contrast, while farmland values in the Northeast region are typically among the highest in the country, this is largely due to urban proximity rather than agricultural returns, and declines in farm real estate values generally reflect regional impacts from the downturn in the residential housing market.

This map is based on the data visualization, Charts and Maps of U.S. Farm Balance Sheet Data, in the Farm Income and Wealth Statistics data product, February 2016.



Search News & Articles










Proudly associated with:
American Business Media Canadian Agri-Marketing Association National Agri-Marketing Association
Agricultural Relations Council National Association of Farm Broadcasters American Agricultural Editors' Association Livestock Publications Council
All content © 2022, Henderson Communications LLC. | User Agreement