Whether land prices in the United States will go up or down this year depends on location, said Colton Lacina, senior vice president of Farmers National Company.
“After years of steady growth, we’re seeing the farmland market stabilize,” he said.
“This isn’t a sign of collapse but a recalibration that reflects current commodity prices, input costs and regional production conditions."
Areas with high crop yields, diversified farms, and dependable groundwater continue to attract buyers and maintain steady values, he said.
Regions facing commodity price pressure, lower yields, or limited alternative income sources are seeing lower demand.
“Farmland values are increasingly determined locally, sometimes down to the township,” Lacina said.
“Buyers are carefully assessing soil quality, the percentage of tillable acres, water access, and how a parcel fits into their current operations. Those details matter more than ever.”
Farmland remains a resilient, long-term asset, and well-priced properties are attracting strong interest, he said.
Investors are particularly interested in how much they can charge for rent.
