Profitability • Finance
Illinois Farmland Values - Winter 2022
The price of farmland in Illinois grew 25% year-on-year, commanding more than $10,300 per acre. This follows a 5% increase in 2021.
Kevin is a former Professor of Economics at the University of Maryland and Montana State University focusing on commodity markets. As an analyst, Kevin's unique commentary on cash markets can be seen weekly on Bloomberg, Dow Jones, Reuters and other publications.
The price of farmland in Illinois grew 25% year-on-year, commanding more than $10,300 per acre. This follows a 5% increase in 2021.
The price of farmland in Minnesota grew 25% year-on-year, commanding more than $6,200 per acre. This follows a 12% increase in 2021.
The price of farmland in Iowa grew 17% year-on-year, commanding more than $11,100 per acre. This follows a similar 17% increase in 2021.
Learn how infrastructure impacts from climate change on the Mississippi River have created financial burden on U.S. farmers in the last 17 years.