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Declining U.S. cropland values and rental rates reflected the pressures of lower commodity prices in 2015-16.
Based on June 2016 surveys, the average values of U.S. farm real estate, including all land and buildings on farms, were down 0.3 percent from 2015 values. U.S. average cropland values decreased 1.0 percent.
Progressive Dairyman provides a look at state cropland values, ranked by value per acre, as well as cropland rent per acre and annual rent as a percentage of average value.