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land prices & value
Index Numbers of Indiana Farm Real Estate Values, August 2023 update. Compiled by Todd Kuethe, Craig Dobbins and J.H. Atkinson, Purdue Agricultural Economics.
Read MorePurdue ag economists Todd Kuethe, James Mintert and Michael Langemeier discuss Indiana farmland values on this, the first of two AgCast episodes discussing the 2023 Purdue Farmland Values and Cash Rents Survey results. Each June, the department of agricultural economics surveys knowledgeable professionals regarding Indiana’s farmland and cash rental market.
Read MoreIndiana farmland prices once again hit record highs in 2023, according to the recent Purdue Farmland Value and Cash Rents Survey. Statewide, the average price of top-quality farmland averaged $13,739 per acre, up 7.3% from June 2022. Average and poor-quality farmland increased 5.8% and 0.7% to $11,210 and $8,689 per acre, respectively.
Read MorePurdue’s Brady Brewer was joined by R.D. Schrader, President of Schrader Real Estate and Auction Co., and Howard Halderman, President and CEO of Halderman Real Estate and Farm Management at the 2023 Purdue Top Farmer Conference to discuss land values. In this episode, Brewer, Schrader and Halderman give insights into what is in store for the farmland market, how interest rates may impact farmland markets, and the impact of institutional buyers.
Read MoreRecorded August 24 | Purdue ag economists break down the Purdue Farmland Values and Cash Rents Survey results and the USDA Land Values report.
Read MoreIt is safe to say that the last year was unlike any other in recent memory. The COVID-19 pandemic caused significant disruption to our lives and the global economy. Surprisingly, many of the current economic forces put upward pressure on farmland prices.
Read MoreRecorded August 20 | Purdue ag economists break down the Purdue Farmland Values and Cash Rents Survey results and the USDA Land Values report.
Read MoreIt is safe to say that the last year was unlike any other in recent memory. The COVID-19 pandemic caused significant disruption to our lives and the global economy. Surprisingly, many of the current economic forces put upward pressure on farmland prices.
Read MoreRecorded August 7, 2020 | Purdue ag economists Todd Kuethe, James Mintert, and Michael Langemeier discuss the latest Purdue Land Values Survey and USDA’s Land Values report.
Read MoreThe COVID-19 pandemic will be the defining economic event of 2020. As documented in the previous Purdue Agricultural Economics Report, the pandemic has had a profound impact on the Indiana food and agriculture sector. Land is the farm sector’s largest input, and as a result, farmland values generally reflect broad trends in the costs and returns of agricultural production. The 2020 Purdue Land Values and Cash Rents Survey suggests that farmland prices across the State generally improved on a year-to-year basis.
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