Land Values

2022 lease rates did not decline in Montana. Mostly, they were up slightly, following a pattern that has been seen for many years: average lease rates inch up, but once…

U.S. farmland prices increased 12.4 percent over the last year, according to new data from the Department of Agriculture. USDA’s National Agricultural Statistics Service released the 2022 Land Values Summary…

The USDA released their National Land Values Summary report that showed farm land values increasing at the largest rate since 2012. The U.S. average farm real estate value, a measurement…

Farmland represents a primary store of wealth in rural economies and accounts for the majority of US farm sector assets. At both national and more localized levels, there has been…

The US Department of Agriculture’s National Agricultural Statistics Service (NASS) recently released their annual farmland value estimates for 2020. The NASS estimates are derived from a survey, administered each June, in which…

By Dan Bigelow, Assistant Professor – Department of Agricultural Economics at Montana State University.   As the COVID-19 pandemic continues to take its toll on Montana’s economy, this post considers how…