Kansas City Fed: Farmland Values Remain Stable

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A new post by the economists at the Federal Reserve Bank of Kansas City looks at the impact of recent ag sector financial pressures on farmland values. They found that despite the deterioration in farm finances last year, land values in the Tenth District have generally held up well. Farm income was down overall in 2025 and liquidity remained stretched, with 45% of farm borrowers posting current ratios under 1.5. However, the economists found that farmland sales, demand, and land prices in the Tenth District have been fairly strong. Ranchland prices have been particularly resilient, thanks to the strength in cattle prices. The below graphic is reproduced from the Kansas City Fed’s post.


Source: Federal Reserve Bank of Kansas City


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