{"id":777,"date":"2018-09-05T16:50:25","date_gmt":"2018-09-05T16:50:25","guid":{"rendered":"https:\/\/agrilife.org\/agnewsandviews\/?p=777"},"modified":"2018-09-05T16:50:25","modified_gmt":"2018-09-05T16:50:25","slug":"usda-2018-land-values-summary","status":"publish","type":"post","link":"https:\/\/agrilife.org\/agnewsandviews\/2018\/09\/05\/usda-2018-land-values-summary\/","title":{"rendered":"USDA – 2018 Land Values Summary"},"content":{"rendered":"
Posted on <\/span>tiffany.dowell<\/a><\/span><\/span><\/div>\n

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The USDA recently released their 2018 Land Values Summary, which reports average agricultural land values across the United States.\u00a0 To view the report, click here<\/a>.<\/div>\n<\/div>\n

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The report looks at the value of agricultural land across the country.\u00a0 The broadest measure is the \u201cfarm real estate value,\u201d which measures the value of all land and buildings on farms.\u00a0 For 2018, the average farm real estate value of the United States was $3,140\/acre, up $60\/acre from last year.\u00a0 For Texas, the average was $2,280\/acre, a 9.1% increase from last year.\u00a0 The Southern Plains Region (Texas and Oklahoma) reported the highest increase in farm real estate value for the year.\u00a0 Not surprisingly, the Corn Belt Region (IL, IN, IA, MO, OH) reported the highest farm real estate values at $6,430\/acre (up 2.7% from 2017) and the Mountain Region (AZ, CO, ID, MT, NV, NM, UT, WY) had the lowest farm real estate value average at $1,140\/acre.<\/p>\n

For cropland values, US average prices were $4,130\/acre, an increase of $40\/acre from last year.\u00a0 For Texas, the average was $2,100\/acre (up 4.5% from 2017).\u00a0 This breaks down into $2,400 acreage for irrigated cropland and $2,050 for irrigated cropland here in Texas.\u00a0 Regionally, the Corn Belt had the highest average prices for cropland at $6,710\/acre.\u00a0 New York posted the highest value for a single state at $12,900\/acre.\u00a0 Lowest values regionally were in the Mountain Region at $1,810\/acre.\u00a0 The state reporting the lowest average cropland value was Montana at $1,030\/acre.<\/p>\n

For pasture value, the US average was $1,390 (up $40\/acre from 2017).\u00a0 Texas came in at $1,750\/acre, an increase of $1,000 (9.1%) from last year.\u00a0 The Southeast Region (AL, FL, GA, SC) posted the highest average pastureland value at $3,390\/acre while the Mountain Region posted the lowest at $634\/acre.<\/p>\n

For additional information on land values in Texas broken down by regions within the state, click here<\/a> to learn more about the Texas Chapter of the American Society of Farm Managers and Rural Appraisers Land Value Trends Report.<\/p>\n

 <\/p>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

Posted on September 4, 2018 by tiffany.dowell The USDA recently released their 2018 Land Values Summary, which reports average agricultural land values across the United States.\u00a0 To view the report,… Read More →<\/a><\/span><\/p>\n","protected":false},"author":609,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-777","post","type-post","status-publish","format-standard","category-uncategorized","entry"],"acf":[],"yoast_head":"\nUSDA - 2018 Land Values Summary - Ag News and Views<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/agrilife.org\/agnewsandviews\/2018\/09\/05\/usda-2018-land-values-summary\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"USDA - 2018 Land Values Summary - Ag News and Views\" \/>\n<meta property=\"og:description\" content=\"Posted on September 4, 2018 by tiffany.dowell The USDA recently released their 2018 Land Values Summary, which reports average agricultural land values across the United States.\u00a0 To view the report,... 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