Cropland values soar 37 percent in four years

• Chuck Abbott

U.S. cropland is worth an average of $5,570 an acre, an increase of $1,510, or 37 percent, since 2020, said the USDA’s annual Land Values report. The surge in land values accompanied the four highest years of net farm income, a gauge of profitability, for American farmers. The USDA said cropland value rose by $250… » Read More