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Farmland Prices Remain Strong

The National Agricultural Statistical Service (NASS) of the USDA released their annual farmland value survey.  Overall, the report indicated US Farmland values increased 9.4% since 2012.  Arkansas Irrigated cropland increased 12.7% while Non-Irrigated cropland had no change in value.  Mississippi Irrigated and Non-irrigated cropland increased 12.1% and 10.6%, respectively on average.  Missouri Irrigated and Non-irrigated cropland increased 15.4% and 13.6%, respectively on average.

To view the entire NASS 2013 Land Values report click the link below.

View Report (PDF)

 

By Jeffrey Hignight, Accredited Farm Manager and Real Estate Broker at Glaub Farm Management. Serving Landowners in Arkansas, Mississippi, Missouri, and Tennessee.

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