Annual survey looks at Missouri farmland market trends

COLUMBIA, Mo. – Missouri landowners, agricultural lenders, rural appraisers, real estate professionals and others with firsthand knowledge of farmland transactions are invited to participate in the annual Missouri Farmland Values Opinion Survey conducted by University of Missouri Extension.

This survey provides valuable insight into farmland values across the state, helping farmers, lenders, policymakers and researchers understand current market conditions and trends, said Ryan Milhollin, MU Extension associate professor and survey organizer. The localized data complements statewide estimates from the USDA National Agricultural Statistics Service, offering an additional perspective on Missouri’s diverse farmland markets.

“Broad participation is essential to help us develop a representative picture of Missouri’s farmland market,” Milhollin said. “Responses from people familiar with land transactions help us better understand regional differences and offer information that Missourians can use when making decisions about farmland purchases, sales, leases and investments.”

The survey collects information about county-level farmland value estimates as of November 2026, including those for cropland, pastureland, timberland and recreational and hunting land. Individuals may estimate farmland values for up to three counties in a survey, and they can complete multiple surveys if they have knowledge of other counties. Other questions include the intended use of farmland purchases and what factors are influencing the Missouri farmland market.

The 2025 survey included more than 400 responses and saw a relatively stable trend in farmland values from the previous year’s survey. Average “good” non-irrigated cropland was valued at $8,596 per acre, and average “good” pastureland was valued at $5,651 per acre. Increases were seen in timber and hunting/recreational land values.

“Farmland markets can vary considerably by region and land type, making local insights even more important,” said Milhollin. “Each response helps strengthen the information available to those working in Missouri agriculture and making decisions about farmland.”

The anonymous survey takes 5-10 minutes to complete and is available online. The survey closes Dec. 31, 2026.

Results from the 2026 survey will be available on the MU Extension website, providing regional estimates by land type alongside historical data for comparison.

Milhollin encourages anyone with firsthand knowledge of recent land transactions to participate. Every response helps build a clearer picture of Missouri’s farmland market.