LANDOWNER RESOURCES_Land Value Surveys

Publications and Downloads

Purchase Individual Issues & Research

Back issues, proprietary surveys and other research papers are provided in PDF-format, which requires that Adobe’s Acrobat Reader be installed on your computer in order to view or print the files. To download a free copy of the software from Adobe’s Web site, click here. If you have problems with Adobe Reader, visit Help and Support.

img-investor-letter

An archive of back issues is available to full-year subscribers at no additional charge upon request. Non-subscribers or trial five-month subscribers may purchase individual back issues.

Orders are processed within 24 hours. If you require faster turn around, kindly contact us after completing your transaction.

Mid-South/Southeast U.S. Farmland Market Trends - 2Q 2013
Farmland Investor Letter Survey of Land Values & Cash Rent Rates. Non-irrigated cropland values up 1% in quarter; 6.3% year-over-year. Irrigated cropland values up 1.5% in quarter; 8.2% year-over-year. Pasture values up 0.5% in quarter; up 2.4% year-over-year. Seven-page report.
$45

 

Mid-South/Southeast U.S. Farmland Market Trends - 1Q 2013
Farmland Investor Letter Survey of Land Values & Cash Rent Rates. Non-irrigated cropland values up 1.5% in quarter; 7% year-over-year. Irrigated cropland values up 2.1% in quarter; 8.2% year-over-year. Pasture values up 0.7% in quarter; up 2.5% year-over-year. Six-page report.
$45

 

Mid-South/Southeast U.S. Farmland Market Trends - 4Q 2012
Farmland Investor Letter Survey of Land Values & Cash Rent Rates. Non-irrigated cropland values up 2.5% in quarter; 9.3% year-over-year. Irrigated cropland values up 2.8% in quarter; 9.6% year-over-year. Pasture values stable in quarter; up 3.2% year-over-year.
$29

 

August 2012 Flash Report: 2012 U.S. Cropland Land Value, Rent and Income Yield Analysis
Continued robust profits and low interest rates helped lift U.S. cropland values 14.5% to new record. Rent income yields for cropland declined to an average 3.52%. Based on income yields, cropland appears most attractively priced in the Northwest; least attractive in the Southeast.
$39

 

July 2012
Articles: Uncertain Ground; Second Qtr. 2012 Land Market Review; Hedge Fund Manager Wexford Capital to Take Profits & Run; New Land Market Coverage for Southern Midwest/Mid-South
$39

 

December 2011
Articles: Gap Between Rents & Crop Profits Likely Hit Record in 2011; Second Qtr. 2011 Land Market Review; Research Corner: Cash Rents Lag in Up Land Markets, But Not in Down Markets; Institutional Watch: CalPERS Reassigns Troubled Vineyard Portfolio
$29

 

November 2011
Articles: Crop Profits Likely to Contract in 2012, Cash Rents Still Playing Catch Up; First Qtr. 2011 Land Market Review; Rising Walnut Profits Helping to Lift Orchard Valuations; Institutional Watch
$29

 

June 2011
Articles: Historic Low Interest Rates, High Grain Prices, New Land Price Sale Records--Time to Sell?; Fourth Qtr. 2010 Land Market Review; Buffett Adds to Illinois Farmland Portfolio with $8.25M Purchase; Institutional Watch
$29

 

December 2010
Articles: What Lies Ahead Amid Farmland's Historic Price Boom?; 2010 Land Value Summary; Gladstone Land Corp. Secures Credit Line; Cash Rents Fail to Keep Pace with Land Value Increases; Are Cropland Prices Too High Relative to Rents & Interest Rates?; Pension Funds, Endowments Queued Up For Farmland; Deal Watch
$29

 

1/27/2011 AGRO Initial Research Opinion
Adecoagro S.A. (AGRO) Initial Opinion: Avoid IPO; Consider opportunistic purchases after clarity on restrictions against foreign ownership of Brazilian farmland
$29

 

July 2010
Articles: Shadow Market Land Sales; First Qtr. 2010 Land Market Review; Gladstone Hopes to Launch 1st Publicly-Traded Farmland Fund; Institutional Watch
$29

 

April 2010
Articles: Competitive Bids Fuel 36% Rent Increase of U. of IL Farms; Fourth Qtr. 2009 Land Market Review; Florida Market Stablizing After 2009 Rout; 2009 Cropland Rent Estimates Revised Up Sharply
$29

 

February 2010
Articles: USDA Looks for Land Values to Reset Lower; Despite Warnings of Lower Rents, Lease Bids Climbing; FCS Appraisers More Positive on U.S. Heartland Market; Hiring a Farm Manager? It Pays to Bid the Assignment; Institutional Watch
$29

 

September 2009
Articles: Land Likely to Trade in Correction Mode Until Crop Profit Outlook Improves; USDA Overstated Land Appreciation Gains Since 2002; Illinois Land Prices Likely to Drift Modestly Down Through 2009; Indiana Land Values Slip; Rents on Top Land Up 2%; Leaner Crop Profits Could Pressure 2010 Lease Rates; Farm Management Fees Spike; Time to Press Reset? Institutional Watch
$29

 

March 2009
Articles: Competitive Bids Prompt 40% Rent Increases for U. of IL Farms; Fourth Qtr. 2008 Land Market Review; Grazing Rates Post Modest Gains; Mr. Buffett Goes Shopping
$29

 

November 2008
Articles: Farmland's Coming Storm? Third Qtr. 2008 Land Market Review; Lease Auctions Gain Traction
$29

 

September 2008
Articles: Will Farmland Dodge the Spiraling Financial Crisis?; 2007 U.S. Land Market Review; 2009 Rent Outlook: Rising Costs & Lower Crop Prices; Timber/Wind Energy Investors Drive Foreign Investment in U.S.
$29

 

June 2008
Articles: Has Land Entered a Bubble?; First Qtr. 2008 Land Market Review; Wexford Capital Pays $52 Million for 19,202 Acres in Neb.; Institutional Watch
$29

 

April 2008
Articles: Steep Grain Prices Likely to Push Illinois Land Values Higher; Iowa Cropland Values Spike 19% for 12 Months Through Feb.; Nebraska Land Values Jump 23%; Pension Fund Holdings Post Near 17% Return Before Fees; Institutional Watch
$29

 

January 2008
Articles: Developments to Watch; Fourth Qtr. 2007 Land Market Review; Favorable Weather Trend Was Driver of Corn Yield Increase; Grazing Rates Rise Across West
$29

 

December 2007
Articles: What Does $5 Corn Mean for Land Values?; That Big Sucking Sound?: TIAA-CREF; New Europe’s Great Land-Banking Scramble; Narrower Tax Rule Could Dampen Land Demand; Brazil Iowa Farms Nets $50 Million Infusion
$29

 

September 2007
Articles: The Coming Ethanol Shakeout; Bankers Fret Farmland Has Entered Bubble; Iowa’s Ethanol-Charged Land Market Remains Midwest Leader; Deal Watch
$29

 

August 2007
Articles: Land value surveys as analysis tools; Absent a global slowdown, land’s prospects remain positive; Understanding the revenue generating capacity of your land; Plains, Washington & Delta states generate top income yields
$29

 

June 2007
Articles: Street Talk; South Dakota Market Holds Breathy 14% Pace; Diamond Ring Ranch Trades for $35 Million; Minnesota Farmers Paid 4% Higher Rents in 2006; Institutional Watch; Trend Watch
$29

 

March 2007
Articles: Looming Ethanol Glut?; Microsoft Co-founder Bill Gates Continues Building Land Portfolio; Westchester Group Attracts $155 Million for Farmland Fund; First Qtr. 2007 Land Market Review
$29

 

February 2007
Articles: Lifting the Curtain on Land Values & Lease Rates; Illinois Land Values Rose 9%-10% in 2006; As Iowa Establishes Itself as Epicenter of Bio-fuels boom, Land Values Advance; Cash Rent Bonus Payments Okayed by FSA; Calif. Land Values Rose 8%-13% in 2006
$29

 

January 2007
Articles: Renegotiating a Below Market Lease; Here Come the Whales; Pension Fund Ag Investments Shine; Canadian Land Prices Look Attractive, Foreigners Need Not Apply; Grazing Rates up 4.5% Overall
$29

 

December 2006
Articles: Pondering the Bio-fuels Boom; Developments to Watch; Appreciation in Midwest Eases to 7% Annual Rate; Third Qtr. 2006 Land Market Review; Grain Market Rise & Ethanol Re-energize Iowa Land Market
$29

 

November 2006
Articles: Prospecting for Income; Top Income Yields for Cropland; Wisconsin Market Enters Slowdown; Ethanol Excitement Takes Root in Indiana; Shifting Price Risks; Institutional Roundup
$29

 

June 2006
Articles: The Rise of the Speculator; 2006 Land Values Summary; Second Qtr. 2006 Land Market Review; 2006 Rent Summary
$29

 

May 2006
Articles: The Ethanol Factor; Momentum in Ohio’s Land Market Eases; Farm Program Overhaul Appears Doubtful; Institutional Roundup; Mortgage Rates Pause
$29

 

April 2006
Articles: Wither Brazil?; First Qtr. 2006 Land Market Review
$29

 

March 2006
Articles: Approaching Plateau?; High Plains Anxiety; Nebraska Cash Rents Post Modest Gains; Trend Watch; Transitional Tracts Likely to Follow Home Market; Farm Bill Options Spell Change
$29

 

February 2006
Articles: Sagging Profits & Rising Land Values: How Long Will the Band Keep Playing?; Fourth Qtr. 2005 Land Market Review; Illinois Land Up 8%-12% in 2005; Farm Credit Report Shows Wide Range of Income Yields Across Heartland
$29

 

October 2005
Articles: Iowa Land Rises Nearly 11%; Midwest Ground Gains 11%; Third Qtr. 2005 Land Market Review; Worried About Farm Program Cuts?; Sharing the Subsidy; South Dakota Land Values Show 25%+ Gains
$29

 

September 2005
Articles: Farmland’s Flickering Flame?; Hot Times in the Heartland; Avoiding Collateral Damage; Were Government Payments Matter Most; Institutional Roundup
$29

 

August 2005
Articles: Great Expectations; 2005 Land Values Summary; Cotton Subsidy Cut; Conservation Easements Under Scrutiny; Institutional Roundup; 2005 Rent Summary
$29

 

February 2005
Articles: Iowa Farmland Values Sprout New High; Asian Soybean Rust Expands; Peak Play?; Questions for Michael Oliver; Southwest Indiana Auction Shenanigans; Farm Program Perils
$29

Purchase Back Issues & Research

Back issues, proprietary surveys and other research papers are provided in PDF-format, which requires that Adobe’s Acrobat Reader be installed on your computer in order to view or print the files. To download a free copy of the software from Adobe’s Web site, click here. If you have problems with Adobe Reader, visit Help and Support.

img-investor-letter

An archive of back issues is available to full-year subscribers at no additional charge upon request. Non-subscribers or trial two-issue subscribers may purchase individual back issues.

Orders are processed within two business days. If you require faster turn around, kindly contact us after completing your transaction.

Mid-South/Southeast Farmland Market Trends

Expansive. Proprietary. Independent.

Mid-South/Southeast Farmland Market Trends offers in-depth insight and analysis of agricultural land market conditions across the Mid-South and Southeastern United States.

Published 45 days after the close of each quarter, this report summarizes the results of our independent survey of more than 100 property appraisers, farm managers, investors, agricultural lenders, real estate brokers and other industry contacts throughout the eight-state (Ala., Ark., Fla., Ga., La., Miss., Mo. and Tenn.) region.

Based on their knowledge of market activity, respondents provide point-in-time estimates of land values and cash rent rates for irrigated and non-irrigated cropland and pasture tracts. In addition, our survey panelists inform us about their expectations for farmland value and cash rents for the next three months. This report also includes gross rent income yields, enterprise reporting on notable recent land sales and other investment related developments.

While each land parcel has unique characteristics and is subject to local market dynamics, comparing these current measures against previous results provides important trend analysis over time. Thus, the land value and cash rent data in this survey is most useful as a realistic measure of general patterns and trends.

To view a sample report, click here.

img-investor-letter

Subscription Rates

Digital Format - One Year $200 (4 issues sent via email); Single digital issue $65
Print Format - One Year $296 (4 issues sent via First Class U.S. Mail. Domestic U.S. orders only); Single print issue $89
For multiple-copy rates and site-license agreements, contact us or call (312) 725-0559.

You may purchase reports by printing and completing the Order Form and mailing a check to:

Mercator Research LLC
4537 Winnequah Rd.
Monona, WI 53716

 

 

Monthly Land Market Pulse

Monthly Land Market Pulse is a quick-take, single page overview of farmland price trends based on Creighton University’s survey of rural bankers in 10 Midwest, Plains and Mountain states. Our commentary also includes commodity price trends and coverage of notable deal activity.

img-investor-letter

Subscription Costs

The cost of a digital subscription to this monthly update is $119 for 12 issues. 

You may subscribe by printing and completing the Subscription Order Form and mailing a check.

Or, subscribe now online:

 

Subscribe to our publications* and research with confidence: If you are not completely satisfied—for whatever reason—simply contact us and we will promptly issue a refund.

*For subscriptions, we will refund the unused portion of your subscription term.

Subscribe

Each quarter, Farmland Investor Letter will include articles on new developments in the farmland market as well as educational and informational pieces designed to expand our readers’ knowledge and understanding of this investment sector.

img-investor-letter

Subscription Costs

The cost of a digital subscription to our eight-page letter is $499 for 1 year (4 issues), $899 (10% savings!) for two years (8 issues). Your subscription also includes these FREE bonuses:

  • Monthly Land Market Pulse, an overview of recent farmland price trends.
  • Access to Farmland Intelligencer research notes and news postings.
  • What's News Online, a concise email of Web-based news and analysis gleaned by our research staff.
  • Access to our archive of back issues of Farmland Investor Letter, Monthly Land Market Pulse and other research.

For corporate subscription rates and site-license agreements, contact us

You may subscribe by printing and completing the Subscription Order Form and mailing a check for the amount of the subscription term you desire to:

Mercator Research LLC
4537 Winnequah Rd.
Monona, WI 53716

 

If you prefer, you may also purchase a single copy ($149.00) of the current issue online:

 

Subscribe to our publications* and research with confidence: If you are not completely satisfied—for whatever reason—simply contact us and we will promptly issue a refund.

*For subscriptions, we will refund the unused portion of your subscription term.