The analysis of federal price indexes also shows agricultural producers have consistently paid more to operate than they have received in return, with costs outpacing prices in every month since at least 2015.
Institutional investors helped fuel soaring land values, but economic conditions are changing. From Kansas to Iowa, states that once saw double-digital farmland price increases are experiencing a cooling market.
Midwest farmers fear economic fallout as Trump’s shifting tariff policies reignite trade tensions with key partners. Many worry that new trade wars will further disrupt global markets, leaving them with fewer buyers and declining profits.