News

Farmers National: ag land values “down 3% to up 3%” in 2025

Farmland values have been mostly steady this year.

Cole Nickerson with Farmers National Company says there is some localized volatility.

“Kind of depending on where you go, but as a whole we’re probably anywhere from down 3 percent to up 3 percent. So steady as we go here.”

He tells Brownfield the farmland market has plateaued following a runup in prices from 2021 to 2023.

“How long that goes, it’s hard to say. 2014 to 2020 was a six year plateau we experienced, with sharp runups on either side of that. So we’re kind of just sitting there waiting for a return to some positive net farm income, and then we can see another runup.”

Nickerson says investor interest was very strong in 2025, helping to support ag land values.