USDA releases 2022 Land Values Summary Report
As happens every August, the USDA released its Land Values Summary Report for 2022. Not surprisingly, the report indicates increasing values nationwide over the past year. For “farm real estate value,” which takes into account the value of all land and buildings on farms, the U.S. average value was $3,800, a 12 percent increase from last year. For cropland, the nationwide average value increased…