Farmland Values Hit Record High | Pierre News

Farmland values hit another record high in 2026, averaging $4,500 per acre — up 3.4% — marking the sixth straight year of growth. Since 2020, values have surged nearly 44%, with cropland at $6,200/acre and pasture land at $2,000/acre. Rent for cropland dipped slightly but remains 15% higher than 2020 levels. While this boosts equity for established farmers, rising prices and rents are squeezing newcomers and expanding operations, as competition from development, energy projects, and outside investors intensifies. Farmland remains a strong investment — but affordability is becoming a major hurdle for many producers. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/474baa8717be831c