Wyoming farmland values increased 2.7% in 6 months and 5.1% in 12 months, but may stabilize due to higher interest rates and grain producer margins.

Wyoming farmland values have increased by 2.7% in the past six months and 5.1% in the past 12 months, according to the Benchmark Farm Value Trends Report. However, the market may be stabilizing due to higher interest rates and tighter margins for grain producers. Despite limited land availability, falling grain prices are shifting attention to a challenging economic environment.

July 19, 2024
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