What Will Happen to Land Values in 2026?

What Will Happen to Land Values in 2026?

February 7, 2026 · 39 min · Episode 165

About this episode

Jackson Takach discusses the USDA's revised outlook for land values and farm income for 2026.

Farmer Mac’s Jackson Takach returns with a title update and a clear read on the new USDA outlook. He unpacks why USDA revised 2025 net cash farm income down by about 30 billion dollars, then sets 2026 at 158 billion dollars with roughly 44 billion dollars of support payments, about 30 percent of profits. Inputs are still high for grains and oilseeds, while protein sectors benefit from cheaper feed and steady demand. Land values look similar to 2025 with strength in cattle and recreational areas, caution in the Delta, and water-sensitive pockets out West. Jackson closes with rate risk, fertilizer and trade wildcards, and a simple plan for producers to time operating, intermediate, and long-term debt. Farmer Mac https://www.farmermac.com/ The Feed https://www.farmermac.com/news-events/the-feed/ National Land Realty https://www.nationalland.com USDA pegs 2026 net cash farm income at about 158 billion dollars after marking 2025 down by roughly 30 billion, with about 44 billion coming from support programs. Grains and oilseeds face tight margins from high inputs and softer prices, while cattle, hogs, and poultry see better profitability on lower feed costs and solid demand. Farmland…

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