Farmland and cropland values are shooting up across Kansas.
Both categories jumped more than 10 percent year-to-year, according to the US Department of Agriculture’s National Agricultural Statistics Service. Farmland, which includes land and building values, is up almost 11 percent to around $2,100 an acre. Cropland is up almost 14 percent to nearly $2,400 an acre.
By percentage, Kansas trails only Nebraska in both categories. Nationally, farmland is selling for almost $3,400 an acre, while cropland goes for over $4,400 an acre.
Click here for a link to the USDA’s Land Values 2020 Summary for August.
