In 2022 there was 39 percent of agricultural land that was rented – a proportion that has remained relatively stable for more than 50 years. When deciding how to acquire land, increasing farm-real-estate values can be a valuable asset – or an extra hit to growing production expenses. Farmers and ranchers who operate a mix of owned and rented land comprise more than half of agricultural land in production, and are affected by both sides of land-value spikes.
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Samantha Ayoub
Samantha Ayoub is an associate economist with the American Farm Bureau Federation’s Market Intel. Visit www.fb.org/market-intel for more information.
