Despite a recent dip in net farm income, U.S. farmland values remain historically high, according to a specialty asset management expert. While a sharp run-up in prices occurred in 2021 and 2022, the market is currently in a plateau pattern, with strong demand supporting high-quality acreage.

Cole Nickerson, Area Sales Manager for Farmers National Company, noted the contradiction between the struggling agricultural economy and resilient land prices. 

"We've kind of seen a leveling off the last few years as net farm income has fallen a little bit," Nickerson tells Mid-West Farm Report. "But we haven't seen a big pullback in land values."

Despite a recent dip in net farm income, U.S. farmland values remain historically high, according to a specialty asset management expert. While a sharp run-up in prices occurred in 2021 and 2022, the market is currently in a plateau pattern, with strong demand supporting high-quality acreage.
Cole Nickerson, Area Sales Manager for Farmers National Company, noted the contradiction between the struggling agricultural economy and resilient land prices.&nbsp;
"We've kind of seen a leveling off the last few years as net farm income has fallen a little bit," Nickerson tells Mid-West Farm Report. "But we haven't seen a big pullback in land values."

Join Pam Jahnke for the latest farm news. Heard daily on WOZN 96.7 FM and 1670 AM in Madison Wisconsin from 5-6am. Also heard on affiliate stations all over Wisconsin.

Join Pam Jahnke for the latest farm news. Heard daily on WOZN 96.7 FM and 1670 AM in Madison Wisconsin from 5-6am. Also heard on affiliate stations all over Wisconsin.

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