The USDA says farm real estate values are higher than last year. From 2017, the value of farms, including land and buildings, is up $60 an acre, according to USDA Deputy Chief Economist Warren Preston. But there’s surprisingly little movement on cash rents, said Preston.
“Cropland cash rents increased just a dollar an acre from $137 per acre last year up to $138 per acre for all acreage in 2018,” said Preston, in an interview provided by the USDA.
Continue reading Farm real estate values up from last year at Brownfield Ag News.
