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Indiana farmland values remained relatively stable in 2026, but regional differences and changing market forces are creating a mixed outlook. Purdue agricultural economists Todd Kuethe and Michael Langemeier examine what is driving farmland values and what the market could look like in 2027.
Read MoreIndiana farmland values held relatively steady in 2026, according to Purdue’s annual Farmland Values and Cash Rents Survey.
Read MoreFor many U.S. farmers, farmland is about more than annual income. A Purdue analysis finds that family and sentimental reasons are the most common motivation for owning land, while producers remain more optimistic about farmland values five years from now than over the next 12 months.
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.
Read MoreLeases on agricultural land are strongly influenced by local custom and tradition. However, in most areas, landowners and operators can choose from several types of lease arrangements: crop share, fixed cash rent, flexible cash leases. Each leasing arrangement has advantages and disadvantages. Rather than focusing on the advantages and disadvantages of various lease arrangements, this article uses a case farm in west central Indiana to illustrate net returns to land derived from crop share, fixed cash rent, and flexible cash lease arrangements.
Read MoreResults from the March 2026 Purdue University-CME Group Ag Economy Barometer reveal a clear divide in producer sentiment based on land value expectations. Farmers expecting declining land values report weaker financial performance outlooks, lower investment confidence, and greater concern about input costs. In contrast, those expecting rising land values are more optimistic and influenced by factors such as alternative investments. Tracking these differences provides important context for understanding shifts in the farm economy.
Read MoreJim Jansen from the University of Nebraska-Lincoln, joins Michael Langemeier on this episode of the Purdue Commercial AgCast to discuss cash rent considerations for irrigation, pasture, and hay leases. They provide factors affecting cash rent including maintenance costs, insurance, and land productivity and emphasize the importance of clear lease agreements. Offering practical advice for both landlords and operators on fair rental agreements.
Read MorePurdue ag economists Todd Kuethe and Michael Langemeier discuss Indiana farmland cash rental rates on this, the second of two episodes reviewing the 2025 Purdue Farmland Values and Cash Rental Rates survey results. The survey shows Indiana cash rents continue to rise by about one and a half percent. The episode shares historical trends in cash rents, and how cash rents compare to share and flex lease rents, regional differences, net returns to land, and the increasing interest in flexible cash leases from both landowner and tenant perspectives.
Read MorePurdue ag economists Todd Kuethe and Michael Langemeier as they discuss Indiana farmland values on this, the first of two episodes reviewing the 2025 Purdue Farmland Values and Cash Rental Rates survey results. The survey shows Indiana land prices continue to rise and are anticipated to continue a modest increase for the rest of 2025 for most of the state.
Read MoreIndiana farmland prices have continued the trend of record highs in 2025, according to the latest Purdue Farmland Value and Cash Rents Survey results. The average price of top-quality farmland reached $14,826 per acre, a 3.0% increase from June 2024. Statewide, cash rents increased from 1.5 to 1.7% for poor-, average-, and top-quality land.
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