2.3 million acres of US farmland lost annually since 2000 due to urban sprawl; farmland value surged to $4,080 per acre in 2023.
2.3 million acres of US farmland lost annually since 2000 due to urban sprawl; farmland value surged to $4,080 per acre in 2023 (up from $2,090 in 2009). California, Corn Belt states, and smallest states with high-price agricultural real estate have most valuable farmland. Foreign ownership is less than 3%, with China making up less than 1%, and Shadegg suggests considering alliances when evaluating investments.
March 03, 2024
3 Articles