Indiana Farmland Values Fall for Fifth Straight Year

By Brent Gloy

Farmland values are an important indicator of the health of the U.S. farm economy.  Farmland accounts for the vast majority of the assets of the farm sector.  As farm incomes have slid we have carefully watched indicators of farmland values for clues to how well they are holding up.  Purdue’s farmland value survey is one such indicator.  It measures respondents views of the value of different categories of Indiana farmland.  The most recent survey shows that farmland values have continued to decline from their 2014 peak. (more…)