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U.S. Farmland Market Outlook for 2024 

Trimble Agriculture

farmland market has remained remarkably resilient for the last several decades—but will it last? As COVID-era funding runs out and input costs continue to rise, farm income is expected to fall 22 percent in 2023. Net Farm Income After a record-breaking high in 2022, net farm income is expected to fall a total of $41.7

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Understanding Historical Farmland Market Trends 

Trimble Agriculture

The farmland market is an important indicator of an operation’s financial strength. For farmers who own their land, farmland makes up more than 80 percent of their total assets. Historically, farm values have held steady in the face of economic turbulence, making them an effective risk management tool during market fluctuation.

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Why Ag Land Values Have Been Strong: 9 Images

Agricultural Economics Insights

This is true when thinking about the performance of the land market over the past two decades. The strength of the marketplace and the record-shattering prices being paid for good cropland have been well discussed and documented in venues ranging from the ag press to Wall Street markets ( here , here , and here , for instance).

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Free Financial Resources for Farmers with Ag Loans

Trimble Agriculture

Farmers face unique financial challenges, from fluctuating market prices to unpredictable weather conditions. According to the latest USDA data, net farm income is forecast to fall 27 percent in 2024. Topics include ag loan requirements, industry trends, market forecasts, farm policy, and more.

Finance 59
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A Deep Dive on the Senate’s Farm Bill Proposal: the Rural Prosperity and Food Security Act of 2024

National Sustainable Agriculture Coalition

Creating a Farmer Seed Liaison position in the Agricultural Marketing Service (AMS), whose responsibilities include strengthening competition and choice in the seed marketplace (Sec. Provides $5 million in mandatory funding for Organic Production and Market Data Initiatives, to remain available until expended (Sec.

Ruralism 110
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The 2023 Agricultural Year in Review

Agricultural Economics Insights

Mexico Allows GM Corn Imports for Feed Perhaps the biggest near-miss for ag markets, Mexico clarified that corn imports used for feed won’t be included in the country’s 2024 GMO ban. Farmland Market Persists The farmland market maintained its footing in 2023 despite rising interest rates. SVB wasn’t the only U.S.