Cropland values soar 33 percent in three years

After years of stagnation, cropland values rose an average of $1,300 an acre in the three years since the pandemic hit the United States, according to the Agriculture Department. Values mushroomed 33 percent at the same time farmers enjoyed back-to-back years of record-high farm income, with income forecast to be the third-highest this year. USDA’s… » Read More