U.S. cropland values rose 3.3%. or $190 an acre, versus a year ago, according to USDA’s National Agricultural Statistical Service (NASS). The agency’s update of state, regional and national farmland values pegs the average value of an acre of U.S. cropland at a record high of $6,020.
In addition, NASS says the U.S. farm real estate value, the value of all land and buildings on farms, averaged $4,500 per acre for 2026, up $150 (3.4%) from 2025. U.S. pasture value rose 4.2%, a gain of $80 an acre, to a record high of $2,000.
Every state in the continental U.S. notched increases. Connecticut and New Mexico report the smallest percentage gain at 1.4%. Tennessee lists the largest percentage rise at 5.7%.
The five-state Corn Belt region sports a 3.8% gain with Indiana up 4.2% at $8,600 an acre. Iowa is up 3.9% at $10,700 an acre. Illinois sports at 3.6% gain at $10,200 an acre. Ohio is up 3.6% at $10,100 an acre and Missouri rounds out the group with a 3.1% rise at $5,310 an acre.
The three Lake States rose 4.3% with Wisconsin up 4.8% with an average of $7,600 an acre. Minnesota reports in with a 4.3% gain at $7,300 an acre. Michigan is up 3.9% at $6,600 an acre.
The Northern Plains report an average increase of 3.1% with South Dakota up 3.5% at $4,770 an acre. North Dakota is up 3.3% at $2,800 an acre. Kansas marks a 2.9% gain at $3,540. Nebraska lists a 2.4% rise with an average of $6,960 an acre.
Oklahoma, in the Southern Plains region, is up 3.6% at $2,560 an acre. Texas lists a 3.0% gain at $2,790 an acre.
The three Delta states list a 2.9% increase. Arkansas up 3.5% with an average of $3,859 per acre. Louisiana with an average of $3,660 per acre and Mississippi with an average of $4,060 an acre, both report a percentage gain of 2.5%.
