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farmland values
Indiana farmland values and cash rents remained relatively stable statewide in 2026, but results varied across land quality classes and regions. Todd Kuethe highlights the key numbers from Purdue’s latest Farmland Values and Cash Rent Survey.
Read MoreIndiana 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 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 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 MoreMichael Langemeier presented at the Pinney Purdue Field Day in Wanatah, Indiana on August 20, 2025, on crop net returns and the farmland market.
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.
Read MoreInterested in the latest trends and insights on U.S. & Indiana farmland values? This AgCast episode shares insights from the Farm Sector Balance Sheet, USDA data collection methods, regional variations in land values, and the influences of factors such as interest rates and development pressures on farmland prices. Gain an in-depth understanding of trends, market dynamics, and future expectations for farmland values.
Read MoreIndiana farmland prices have continued the trend of record highs in 2024, according to the latest Purdue Farmland Value and Cash Rent Survey. The average price of top-quality farmland reached $14,392 per acre, a 4.8% increase from June 2023. Average and poor-quality farmland also saw gains, with prices increasing 3.7% and 4.4% to $11,630 and $9,071 per acre, respectively.
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