By Samantha Ayoub
American Farm Bureau Federation
In 2022, 39% of agricultural land was rented – a proportion that has remained relatively stable for over 50 years. When deciding how to acquire land, rising farm real estate values can be a valuable asset or an extra hit to growing production expenses. Farmers and ranchers who operate a mix of owned and rented land make up over half of agricultural land in production and are affected by both sides of land value spikes.