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Farmland

2004 Indiana Farmland Values & Cash Rents Continue to Climb

The June 2004 Purdue Land Values Survey found that on a state-wide basis bare Indiana cropland ranged in value from $2,131 per acre for poor land, to $3,278 per acre for top land (Table 1). Average bare Indiana cropland had

2003 Indiana Farmland Values & Cash Rents Continue to Increase

The June 2003 Purdue Land Values Survey found that on a state-wide basis bare Indiana cropland ranged in value from $1,966 to $3,035. These values are based on 323 surveys received from professionals that are knowledgeable of Indiana’s farmland market.

2002 Indiana Farmland Values & Cash Rents Move Higher

The 2002 Purdue Land Values Survey indicates that the value of average bare Indiana cropland was $2,382 per acre in June 2002. This was $118 more than the value reported in June 2001, a 5.2% increase. Cash rents increased from

2001 Indiana Farmland Values Continue to Increase

2000 Indiana Land Values Rise

The 2000 Purdue Land Values Survey indicates that the value of an acre of average bare Indiana cropland was$2,173 per acre in June 2000. This was $81 more than the value reported in June 1999, a 3.9 percent increase. This

1999 Indiana Land Values Decline

The 1999 Purdue Land Values Survey indicates that the value of an acre of average bare Indiana cropland was$2,092 per acre in June 1999. This was $63 less than the value reported in June 1998, a 2.9 percent decrease. This

Land Values Continue Rise

The 1998 Purdue Land Values survey indicates that the value of an acre of average bare Indiana cropland was$2,155 per acre in June 1998, $55 more than the all-time peak reached in 1981. This is an increase of $158 per

1997 Land Values Rise Again

The Purdue Land Values survey, conducted annually for over 20 years, indicates that the value of an acre of an acre of average Indiana cropland was right at $2000 per acre in June 1997, only$100 short of the all-time peak

1996 Indiana Land Values Surge!

Statewide, values of average Indiana cropland increased by 14.2% in the year ending in June 1996, nearly double the 7.4% increase a year ago. According to the Purdue land values survey, this is the ninth consecutive year of increasing Indiana

1995 Indiana Land Values Rise Another Seven Percent

From 1989 to 1993 the increase in average Indiana cropland values was 13% about the same as the inflation rate. Then, in the year ending in June 1994, values rose around 10%. This was followed by an increase in the