A Decade of Land Value Increases
January
24, 2022
As we know, agricultural land values have
increased substantially since 2005. The below graphic from Ag Economic Insights
(David Widmar and Brent Gloy) using National Ag Statistics Service data depicts
the increase in cropland values by state from 2010 to 2021. The time frame of
when NASS collected the data for 2021 more than likely precludes the inclusion
of the large increase in cropland prices experienced in the last six months of
the year. High quality cropland in areas has generally experienced larger
increases than the average across each state.
Randy Dickhut
Senior Vice President - Real Estate Operations
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