WebSep 29, 2024 · Average cropland values increased from $4,350/ac to $5,000/ac (10.1%) while Kentucky’s pasture land value was up 6.9% from $3,620/ac to $3,870/ac. Nationally average farm real estate values … WebNov 7, 2024 · University of Illinois calculations show that in 2024, Illinois farmers had a return of $477 per acre, factoring a yield of 211-bushel …
USDA: Strong U.S. economy but falling crop prices in 2024
WebApr 12, 2024 · The Long-Term Farmland Value Expectations Index, a five-year outlook, rose five points to a reading of 142. According to the barometer, that reading is just four points lower than in March 2024. He tells Brownfield although the long-term index continues to provide a more optimistic view of future farmland values, the percentage of producers … Web12 hours ago · The average value of arable land is currently £10,800/acre, which is £200/acre more than reported in the firm’s January 2024 review and 15% higher than a … systheon techologies
2024 Farm Profitability Outlook: Production Expenses Up, Net Farm
WebApr 11, 2024 · For the example in Figure 1, we use a margin of $75 per acre. For a 1,500-acre farm, that margin would result in $112,500 of net farm income from grain operations. For the ten years from 2012 to 2024, net income on Illinois grain farms averaged $160,000 per farm (farmdoc daily, November 15, 2024). Total cost plus a $75 margin equals … WebFeb 7, 2024 · The current USDA Agricultural Baseline Projections provide a 10-year outlook for major domestic crop and livestock commodities from 2024 through 2031. ... WebJan 13, 2024 · Langemeier details the rising costs of fertilizer and other inputs relative to expectations for commodity prices and sees tight margins for 2024. Todd Kuethe takes on the outlook for land values and cash rents, identifying that prices in land markets may still have some catching up to the agricultural receipts of the past two years. systhermic