Are land values stable?

A recent report from Farmers National Company says that land values are stable, and due to increased farm income, didn't see the expected downturn. We'd like to know how land values in your area are holding out for good farmland. Are they holding steady? Did they go down? Did they increase? Take the poll and let us know. Please leave comments on the value of other land types (below average, average) in your area, and be sure to let us know where you farm! 

 

Discuss this poll 11

Anonymous
on Jun 23, 2014

Very litle ground coming on the market. Left over income from past 3 years are keeping values at near highs for premium ground. Class B soils seem to be weaker.

Anonymous
on Jun 22, 2014

I'm not sure that Farmers National is on the mark. We watch the market in various areas of the US as we are investors in Colorado, Nebraska, and some parts of the south.; to be sure, there is the headline grabbing high dollar sale, but overall we see weakness; larger parcels are languishing on the market, waiting for buyers. $3.50 corn will tell a tale in this market.

Anonymous
on Jun 22, 2014

A 93 acre farm with class B Soil sold for $14,600 per acre. this summer. The farm is strictly agricultural. It is located on route 73 in Carroll County. Very little good land is for sale. This is higher than last year even though I suggested the trend is steady. I paid a little over $15,000 per tillable acre for strictly high type A soil. I was the second of five sales in a little over a year. The subsoil here is more important than the top soil rating. The clay subsoil as a opposed to rock or sand is the big key.

Anonymous
on Jun 21, 2014

Wisconsin

Anonymous
on Jun 21, 2014

It appears that and values in NW Missouri and W Central Illinois, where I own land are stable. Farms with lower quality soils may be off 5 % or so.

Anonymous
on Jun 21, 2014

Champaign Couonty Ohio land sales are limited with values level to slight increases

Anonymous
on Jun 21, 2014

The better ground has dropped only slightly. Poor or hard to farm land has dropped much more.

Anonymous
on Jun 21, 2014

Land prices are still staying firm in north central Illinois

Anonymous
on Jun 21, 2014

Land values in East Central Ne. have set back since this time last year, but have stabilized since late winter sales.

Anonymous
on Jun 21, 2014

In IA farmland values are still strong. The only exception might be very poor quality land.

Anonymous
on Jun 21, 2014

land value went down twenty percent

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