The value of farmland in the U.S. has been going straight since the early 1990s. A friend who bought farmland back in the early '90s told me that the value of that land has increased five-fold. This is prime Red River Valley (North Dakota) farmland. Recent trades have been in the range of $4,500-5,000 per acre. Not much land is trading, and what is being traded has been typically cash purchases. No financing; farmers have cash. We've all heard the anecdotal stories about $10,000-15,000 per acre land sales and even higher in other areas. WPI has written often about the very steep rise in land values. We've also written numerous times about the reasons for the escalating values, including:
High commodity prices; Generally very good yie...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
