Steady Farmland Values Underpin U.S. Farmers’ Borrowing Capacity

USDA estimates the value of farm real estate assets (land and its attachments) will account for 82.7% of total 2019 farm sector assets. This represents farmers’ most significant collateral when seeking loans for their operations and capital expenditures, such as ag equipment. In total, the value of farm real estate assets is currently estimated to be nearly $2.6 trillion. 

While farmland values have leveled off since 2014 after a long period of…

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