2016-08 PAER: Farmland Values Survey 2016

August 6, 2016

The Family Business: Identifying A Successor
Maria Marshall

Trends In Land Prices, Cash Rents, And Price To Rent Ratios For Iowa, Illinois, And Indiana
Michael Boehlje; Michael Langemeier

2016 Indiana Farmland Values And Cash Rents Continue Downward Adjustments
Craig L. Dobbins, Professor

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The July 2026 CPI and PPI Reports: The Energy Shock Bypasses the Food Pipeline

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Energy prices are 14.7 percent above year-ago levels, and yet the raw agricultural commodities that sit at the head of the food pipeline are cheaper than they were last July. That combination is the whole story of this month’s release — but it is not evidence that the energy shock missed agriculture.

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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.

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Trends in Farmland Price to Rent Ratios in Indiana (2026)

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This 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.

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