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Changing Farmland Values Affect Renters and Landowners Differently

Author

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  • Key, Nigel
  • Burns, Christopher

Abstract

Farm real estate (including land and the structures on the land) accounts for over 80 percent of farm sector assets. Farmland values have appreciated substantially since 2000, more than doubling from $1,483 per acre in 2000 to $3,060 per acre in 2015. Cropland appreciated faster than pastureland, while farmland in the Midwest appreciated faster than other areas of the country.

Suggested Citation

  • Key, Nigel & Burns, Christopher, 2018. "Changing Farmland Values Affect Renters and Landowners Differently," Amber Waves:The Economics of Food, Farming, Natural Resources, and Rural America, United States Department of Agriculture, Economic Research Service, vol. 0(01), February.
    • Handle: RePEc:ags:uersaw:302503
    DOI: 10.22004/ag.econ.302503
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    Cited by:

    1. Kaushal , Kevin R. & Rosendahl, Knut Einar, 2019. "Optimal REDD+ in the carbon market," Working Paper Series 3-2019, Norwegian University of Life Sciences, School of Economics and Business.
    2. Valliant, Julia C.D. & Ruhf, Kathryn Z. & Gibson, Kevin D. & Brooks, J.R. & Farmer, James R., 2019. "Fostering farm transfers from farm owners to unrelated, new farmers: A qualitative assessment of farm link services," Land Use Policy, Elsevier, vol. 86(C), pages 438-447.

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