Farm Finance Market Updates

Plain-English notes on where the farm-finance market stands, drawn from public USDA and Federal Reserve data. We track the numbers and point you to the original sources so you can dig deeper. This is general educational information — not financial advice, and not a rate we set or offer.

Farmland values: a fifth straight year of gains

U.S. farm real estate averaged about $4,350 per acre in 2025, up 4.3% from the year before — the fifth consecutive annual increase, according to the USDA's National Agricultural Statistics Service (NASS). Cropland averaged roughly $5,830 per acre, and average cropland cash rent was about $161 per acre.

Regional Federal Reserve data points the same way. The Kansas City Fed's Agricultural Credit Survey reported farmland values holding near record levels into early 2026, with nonirrigated cropland running a few percent above year-ago levels. Strong cattle prices and government payments have helped support land values even as parts of the crop sector face tighter margins.

USDA publishes its national Land Values summary each August, so these figures reflect the most recent full-year report. For the latest, see the USDA sources below.

The farm interest-rate environment

Farm loan rates move with broader benchmarks — the Federal Reserve's policy rate and the cost of funds across the Farm Credit System and bond markets — plus each lender's margin and the risk profile of the specific loan. No single published number sets them.

For a sense of where rates sit, the Kansas City Fed's quarterly Agricultural Credit Survey is a useful gauge. In early 2026 it reported average farm loan rates roughly flat to slightly lower than the prior quarter, running about 100 basis points above their 10-year average, with the reported average near 7.5%. That is a regional survey average shared for context only — not a quote, not an offer, and not the rate you will be charged. Your actual rate depends on your lender, loan program, and financial profile.

Where to find current data

These authoritative sources publish the underlying numbers and update them on their own schedules:

The figures above are drawn from public USDA and Federal Reserve reports as of the dates noted and are provided for general education. FarmLoans.ai is not a lender and does not set or quote interest rates. Markets change — confirm current figures with the original sources above, and confirm any loan terms directly with a lender.