2022 Farmland Values & Cash Rents
Every August, the Purdue University Agricultural Economics Report reveals farmland values and cash rents across the State of Indiana. This year, it’s no surprise that the price per acre of farmland appreciated significantly in value.
Download the Full PAER 2022 Report Here >
Post COVID farm and land real estate investments in our local West Central Indiana region increased across the board, and inventory of farms for sale remained steady to keep up the pace with buyer investment dollars. As Fall of 2022 approaches, we are seeing a slightly lower level of inventory for sale compared to Fall 2021, with some investor softening as interest rates hit the five (5%) percent to six (6%) mark.
What will 2023 cash rent rates do as the input costs have risen?