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cash rent
In sum, state-level aggregate farmland prices exhibited relatively modest changes from 2025 to 2026. Respondents suggest that the majority of market forces are placing downward pressure on farmland prices, so it is not surprising that they expect modest declines through the remainder of 2026.
Read MoreThis paper computes a ratio equivalent to the P/E ratio for farmland, the farmland price-to-cash-rent ratio (P/rent), and discusses trends in the P/rent ratio.
Read MoreThe lease structure you choose can change your farm’s risk, cash flow and upside—even when long-run returns look surprisingly similar. So which farmland lease makes the most sense for you? This Purdue Commercial AgBrief compares fixed cash rent, crop share and flexible cash rent and shows how each performs under different market conditions.
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