Cropland values in the Corn Belt
In the Corn Belt, there was a 0.6% change int he past year in cropland values. They increased from $6,670 an acre last year to $6,710 this year. In 2014, cropland was selling for $7,000 an acre.
Cropland values in the Lake States
In the Lake area which includes Michigan, Minnesota and Wisconsin, prices fell over half a percent (0.6%) from 2017. The prices fell from $4,830 in 2017 to $4,800 this year. In 2014, cropland sold for $4,670 an acre.
Cropland values in the Northern Plains
In the Northern Plains, there was no change in cropland values. It stayed at $2,830 an acre. In 2014, it sold for $3,090 an acre.
Cropland values in the Delta
In the Delta region of the United States, cropland values increased by 2.2%. They went from $2,760 in 2017 to $2,820 in 2018. In 2014, cropland was valued at $2,510 an acre.
Largest increase in cropland values
The biggest increase in cropland values were found in Texas (4.5%) and Pennsyvlania (4.3%)
In Pennsylvania, cropland values went from $6,000 to $6,260 per acre. And in Texas, cropland values went from $2,010 to $2,100.