4TH QUARTER 2025 

Farmland Price Index Update

Related Reading

Crops
Southbound Surge: U.S. Corn Exports Gain Momentum in Mexico

Southbound Surge: U.S. Corn Exports Gain Momentum in Mexico

Weather
Domestic Drought and Global Production Tighten the Screws on U.S. Farm Margins

Domestic Drought and Global Production Tighten the Screws on U.S. Farm Margins

Farm Economy
Resilience Under Pressure: Farm Bankruptcy Levels and Implications for Ag Lenders

Resilience Under Pressure: Farm Bankruptcy Levels and Implications for Ag Lenders

Farm Economy
Farm Income Holds Up in 2026, Thanks to Record Government Support

Farm Income Holds Up in 2026, Thanks to Record Government Support

Lending
The Callable Curve: What’s Been Driving Ag Interest Rates

The Callable Curve: What’s Been Driving Ag Interest Rates

Land Values
Farmland Price Index Update – Q4 2025

Farmland Price Index Update – Q4 2025

Lending
Resetting Expectations: The Great Loan Shortening

Resetting Expectations: The Great Loan Shortening

Lending
Trending, Not Tumbling: Why Ag Loan Performance Signals Stability (For Now)

Trending, Not Tumbling: Why Ag Loan Performance Signals Stability (For Now)

Trade
Ag Trade in the Time of Tariffs

Ag Trade in the Time of Tariffs

Land Values
Farmland Price Index Update – Q3 2025

Farmland Price Index Update – Q3 2025

Crops
Sour Grapes: Wine Consumption Decline Stresses Growers

Sour Grapes: Wine Consumption Decline Stresses Growers

Crops
Labor a Core Challenge for Apple Growers

Labor a Core Challenge for Apple Growers

Crops
Fields of Plenty: Grain Outlook for 2025

Fields of Plenty: Grain Outlook for 2025

Specialty Commodities
An Unprecedented Cycle in Almond Prices?

An Unprecedented Cycle in Almond Prices?

Power & Energy
A Brief History of (ITC and PTC) Time

A Brief History of (ITC and PTC) Time

Proteins
Beefing with Imports

Beefing with Imports

Lending
Grit in the Grease: Farm Machinery (Loan) Demand Trending Lower

Grit in the Grease: Farm Machinery (Loan) Demand Trending Lower

Land Values
Farmland Price Index Update – Q2 2025

Farmland Price Index Update – Q2 2025

Proteins
Cream of the Crop: High Calf Prices Altering Dairy Economics

Cream of the Crop: High Calf Prices Altering Dairy Economics

Weather
La Nada, No Problem: Weather Outlook for 2025 Harvest and Beyond

La Nada, No Problem: Weather Outlook for 2025 Harvest and Beyond

Proteins
Raising the Steaks

Raising the Steaks

Special Topics
“Pasture” Prime? An Analysis of the Equine Industry

“Pasture” Prime? An Analysis of the Equine Industry

Land Values
Farmland Price Index Update - Q1 2025

Farmland Price Index Update - Q1 2025

Farm Economy
A Farm Income Upswing amid Tariff Turbulence?

A Farm Income Upswing amid Tariff Turbulence?

Trade
Laboring over agricultural Imports

Laboring over agricultural Imports

Crops
Making (Too Much?) Hay While the Sun Shines

Making (Too Much?) Hay While the Sun Shines

Trade
What in the World? How the U.S. Became a Net Importer of Food and Agriculture

What in the World? How the U.S. Became a Net Importer of Food and Agriculture

Land Values
Understanding Farmland Value Trends: Introducing a New Farmland Price Index

Understanding Farmland Value Trends: Introducing a New Farmland Price Index

Lending
Shifting Gears: How A Steepening Yield Curve is Impacting Bank Loan Demand

Shifting Gears: How A Steepening Yield Curve is Impacting Bank Loan Demand

Holiday
Holiday Food Prices

Holiday Food Prices

Lending
Addition by Subtraction: The Paradoxical Benefits of Selling Farm Mortgages to Farmer Mac

Addition by Subtraction: The Paradoxical Benefits of Selling Farm Mortgages to Farmer Mac

Farm Economy
Weak Machinery Demand May Be a Farm Income Canary

Weak Machinery Demand May Be a Farm Income Canary

Farm Economy
The Great Refinancing is Over. Can Ag Banks Expect a Rebound?

The Great Refinancing is Over. Can Ag Banks Expect a Rebound?

Crops
Temperate Spring Expected to Bring Ample Almonds

Temperate Spring Expected to Bring Ample Almonds

Farm Economy
High Interest Rates: A Double-Edged Sword

High Interest Rates: A Double-Edged Sword

Farm Economy
Interactive Tool: Exploring Farmland Cap Rates

Interactive Tool: Exploring Farmland Cap Rates

Proteins
Cattle Contraction Lifts Cow-Calf Profitability

Cattle Contraction Lifts Cow-Calf Profitability

Farm Economy
USDA Projects Lower Farm Incomes in 2024

USDA Projects Lower Farm Incomes in 2024

Power & Energy
Winds of Change: Renewable Energy Set to Grow in Rural America, Powering New Opportunities

Winds of Change: Renewable Energy Set to Grow in Rural America, Powering New Opportunities

Proteins
A “Condensed” Milk Expansion May Support Profitability in 2024

A “Condensed” Milk Expansion May Support Profitability in 2024

Farm Economy
Farm Income Forecast Reveals a Mixed Bag

Farm Income Forecast Reveals a Mixed Bag

Farm Economy
Land Sales Slow in Response to Higher Rates

Land Sales Slow in Response to Higher Rates

Weather
Fall Rains Ease Midwest Drought and Replenish Mississippi River

Fall Rains Ease Midwest Drought and Replenish Mississippi River

Farm Economy
Farm Income Can Push and Pull on Rural Economies

Farm Income Can Push and Pull on Rural Economies

Land Values
Farmland Value Momentum Losing Steam but Gains Remain

Farmland Value Momentum Losing Steam but Gains Remain

Trade
Two Sides of the Fruit and Vegetable Coin

Two Sides of the Fruit and Vegetable Coin

Specialty Commodities
Infinite Almonds

Infinite Almonds

Proteins
Proteins Show Strength

Proteins Show Strength

Weather
Weather Update – A Mixed Bag

Weather Update – A Mixed Bag

Proteins
Exports Drive Dairy Prices Whey Up (and Down)

Exports Drive Dairy Prices Whey Up (and Down)

Trade
Hero or Zero: U.S. Prospects for Ag Trade With India

Hero or Zero: U.S. Prospects for Ag Trade With India

Trade
Crop Exports Down but Not Out

Crop Exports Down but Not Out

Special Topics
Rising Food Prices Persist

Rising Food Prices Persist

Trade
Brazil's Bin-Busting Harvest Weighing on Commodity Prices

Brazil's Bin-Busting Harvest Weighing on Commodity Prices

Power & Energy
Slowly but Surely, U.S. Power Mix Is Changing

Slowly but Surely, U.S. Power Mix Is Changing

Farm Economy
Fallout From the Russia-Ukraine War: One Year Later

Fallout From the Russia-Ukraine War: One Year Later

Trade
Grains and Oilseeds Supplies Challenged by Big Brazilian Crop

Grains and Oilseeds Supplies Challenged by Big Brazilian Crop

Special Topics
Water, Water (Almost) Everywhere in the Southwest

Water, Water (Almost) Everywhere in the Southwest

Farm Economy
A Big Step Higher, a Small Step Down for Farm Incomes

A Big Step Higher, a Small Step Down for Farm Incomes

Farm Economy
Ag Lending Institution Health in Perspective

Ag Lending Institution Health in Perspective

Farm Economy
Sweet and Sour: The Two Sides of Food Price Inflation

Sweet and Sour: The Two Sides of Food Price Inflation

Farm Economy
Farmers and Ranchers React to Higher Rates

Farmers and Ranchers React to Higher Rates

Special Topics
Tight Labor Market Has Farmers Looking Abroad for Help

Tight Labor Market Has Farmers Looking Abroad for Help

Farm Economy
Rising Interest Rates: Farmland vs Housing Market?

Rising Interest Rates: Farmland vs Housing Market?

Proteins
Mad-cow Disease in Brazil

Mad-cow Disease in Brazil

Farm Economy
Ag Lender Trends & Competition

Ag Lender Trends & Competition

Proteins
Cattle Prices Buoyed by Lower Herd Size

Cattle Prices Buoyed by Lower Herd Size

Weather
Weather Outlook: La Niña Year Three

Weather Outlook: La Niña Year Three

Proteins
Dairy Prices Firm in 2022 but Are Waning With Global Demand

Dairy Prices Firm in 2022 but Are Waning With Global Demand

Farm Economy
The Farm Economy in Transition

The Farm Economy in Transition

Crops
Grains and Oilseeds Extend Profits Into 2023

Grains and Oilseeds Extend Profits Into 2023

Farm Economy
Inflation and Interest Rates in Focus

Inflation and Interest Rates in Focus

Land Values
Farmland Value Gains in Context

Farmland Value Gains in Context

Land Values
Analyst’s Corner: Farmland Debt Leverage Cycles

Analyst’s Corner: Farmland Debt Leverage Cycles