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Five Factors Driving Farmland Prices in 2023 

Trimble Agriculture

Farm real estate will likely become a nearly $3.5 farm sector, real estate accounts for $4 of every $5 in assets. In 2023, farm real estate increased across the board, with higher average percentage increases for U.S. In 2023, farm real estate value rose $280 per acre to an average of $4,080.

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Opinion: In American Agriculture, Size Matters

Modern Farmer

When farms are continually consolidated—when there is one 5,000-acre farm in a community, for example, instead of 50 100-acre farms—fewer people remain in rural areas. Small and midsized farmers are being forced out, with consequences for rural communities. They also face pressure from real estate development.

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These Nebraska Tribes Are Buying Back Farmland and Attempting to Reverse History

Modern Farmer

The tribe only owns roughly 27,000 acres of its 120,000-acre reservation, after U.S. In the past five years, three Nebraska tribes—the Winnebago, the Iowa Tribe of Kansas and Nebraska and the Ponca Tribe of Nebraska—have bought a combined 3,000-odd acres of farmland that was once theirs. But that reality is starting to change.

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U.S. Farmland Market Outlook for 2024 

Trimble Agriculture

In response to this, cash rents increased to an average of $307 per acre in 2023, increasing as much as 5.8% Historically, farm real estate values rise more quickly when interest rates are lower. Cash Rents In general, cash rents rise when farmland values rise. However, there is often a delay in that increase. in the Corn Belt.

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USDA Announces $300 Million in Awards to Support Access to Land, Capital, and Markets for Beginning and Undeserved Framers

National Sustainable Agriculture Coalition

In addition, over the last decade, farmland prices have doubled nationwide and risen far higher in areas with pressure due to real estate development or commodity prices. Today, just 1% of farmers in the United States identify as Black. This round of awards is the first-time funds have been distributed through the LCM program.

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Who’s Buying Nebraska? After Shopping Spree, Mormon Church Is Top Land Purchaser

Daily Yonder

Early in the summer of 2018, a nonprofit few Nebraskans have heard of bought a 22,613-acre chunk of land in Garden County. Box in Salt Lake City, picked up another 3,331 acres of county land, buying it from a Colorado investment company. The Mormon Church now owns about 370,000 total acres of zoned agricultural land in Nebraska.

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What Are the Requirements for a Farm Loan? 

Trimble Agriculture

– Farmers, ranchers, rural landowners, farm real estate investors, and recreation and timber landowners. Land Ownership – To qualify for a land loan, you must own or plan to buy 25 acres or more. Who Can Apply? Minimum Loan Value – AgAmerica farm loans start at $50,000.

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