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Farmland
Land values are influencing investment timing, financial outlook, and risk decisions on farms across the Midwest.
Read MoreState-led farmland purchases can influence land prices beyond the parcels directly acquired. Using Indiana’s LEAP District as a case study, this report shows that public land acquisition significantly increased local farmland prices and affected neighboring counties, with important implications for farmers and policymakers.
Read MoreHow much do soil maps matter for climate policy? Quite a lot. We find that differences across major global SOC databases can translate into significant changes in land-use emission estimates, making SOC baseline choice a critical part of agricultural policy analysis.
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 MoreTwo outstanding farms in south-central Indiana will host visitors wanting to learn about farm and crop management on July 10th for the Purdue University Farm Management Tour.
Read MoreIndiana farmland values are expected to remain stable to slightly higher in 2026, while cash rents may soften as producers face tighter margins. Overall, the market appears headed for a steady 2026, without sharp movement in either direction.
Read MoreMichael Langemeier presented at the Fort Wayne Farm Show on January 14, 2026, on crop net returns prospects and the farmland market.
Read MoreFarmers typically find that rental rates don’t adjust rapidly during a downturn and consequently they lose money on rented land. But most farmers don’t want to give up rented land even if it is not profitable because it is difficult to find another parcel to replace it. They continue to hold on to rented land waiting for better prices, lower costs, and/or higher yields. The fundamental question is how long can they delay the decision. In other words, when should they hold them and when should they fold them? This question has become even more relevant today, given the financial pressure currently faced by crop producers across the Corn Belt, including lower commodity prices, tighter margins, and higher interest rates.
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.
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