USDA’s National Agricultural Statistics Service (NASS) has released its annual survey results on farmland values and cash rents, which indicate some changes of interest.During the first week of August every year, USDA’s National Agricultural Statistics Service (NASS) releases its survey results on farmland values and cash rents. This year’s shows that on a national average, crop land value decreased $40/acre (1 percent) to $4,090/acre from the previous year. This of course varies regionally with the average value growing 4 percent in the Southeast and falling 5.4 percent in the northern Plains region. This is the second time in 10 years that crop land values have dropped; a 4.3 percent decrease occurred in 2009. In addition, USDA reported t...

TAGS – Farm Inputs