Why Does Soil Type Matter When Buying Farmland?
Soil type information is crucial for farmers to consider when deciding on new farmland to purchase. By understanding the soil types present on a potential piece of land, farmers can assess its agricultural potential and suitability for specific crops.
Why Is Soil Type Information Important?
Different crops have specific soil requirements, such as:
Organic matter content
Farmers can match the soil types on the potential land to the crops they plan to grow, helping to ensure a higher chance of success.
Soil type information can also impact land values. Soils with higher productivity indices are often associated with higher land values due to their potential for higher crop yields. Farmers can use this information to evaluate the soil's productivity index specific to their region.
For example, in Illinois, soil productivity is measured using the Illinois Soil Productivity Index (ILPI). The ILPI rates soils in Illinois for suitability for several major crops under best management practices. Like other soil PIs, it summarizes multiple factors that affect the productivity of soils into one simple number. It’s a notable example of a soil PI because of its wide adoption in farmland real estate by farmers, appraisers, and tax assessors.
Lastly, consider the terrain information provided, such as:
Terrain wetness index
These factors can influence water drainage and accumulation, which can affect crop management decisions.
By considering soil type information about farmland they’re interested in purchasing, farmers can ensure the soil is suitable for their farming goals and practices prior to making a purchase.
Get Soil Type Information with AcreVision℠ from FBN®
If you’re looking for soil type information before making a farmland purchase, FBN recently launched a new evaluation tool to help you get the insights you need to make an informed buying decision.
AcreVision, which is available for free to FBN members, is an innovative farmland evaluation system designed to assist farmers in making informed decisions about potential land purchases by providing vital insights into specific farmland parcels.
The soil information used in AcreVision is obtained from the United States Department of Agriculture-Natural Resources Conservation Service (USDA-NRCS) and the National Cooperative Soil Survey Geographic Database (SSURGO). This data provides insights into the soil's characteristics essential for crop growth and yield, including:
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