Farmland values

USDA's annual look at farmland values and cash rents, according to chief economist Seth Meier, indicates a cooling and year over year growth. But that trend more reflective in cash rents, showing flat value changes year over year. We're seeing the farmers assessed value of their agricultural real estate increasing by 4.3%. Breaking down land values by croplands and pastures. If we separated out into cropland. Still, producers assessed that cropland increased 4.7% in 2025 to $5830 an acre. So assessing that cropland is increasing at a greater rate than overall ag land and pasture land, showing an even larger increase at 4.9%, hitting $1,920. Farm real estate value by state reflected year over year increases in all 48 states in the contiguous U.S.

A breakdown of U.S. honeybee colonies so far in 2025 from USDA's National Agricultural Statistics Service. January 1st, we had 2.63 million honeybee colonies here in the US. That was down 1% from a year earlier. But by April 1st of this year, that number was up to 2.99 million colonies. And that's actually up 6% from that same time frame a year earlier. Speaker1: Lance Honig of USDA NASS says the scouts are not focused on honeybee operations, but on colonies themselves. Speaker2: Even though we're losing normally 10% of our colonies on an ongoing basis. We're adding them back. You've also got to take care of the colonies. You've got. And so we did publish some numbers on those renovated colonies as well. And so in other words, they're doing some work there to revitalize things abroad. Speaker1: