Farm Credit Services of America’s Post

See how farmland values changed by state in 2024 according to our latest benchmark farmland values report.   Twice a year, we appraise the same 63 benchmark farms, proving an apples-to-apples comparison from one period to the next. Each benchmark farm represents agriculture in its geographic area.   In Iowa, benchmark farms are primarily cropland, with a smaller number of mixed cropland and pasture. The makeup of benchmark farms changes farther west. In Nebraska, both irrigated and dryland cropland benchmark farms are valued. A mix of pasture and cropland is more common on the eastern sides of Nebraska and South Dakota than on the western sides, where puritan pasture tracts are more common.   Link to full report in the comments below.

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