John Knipe recently presented this video at the National Cattlemen’s Beef Association Annual Convention. The event was held January 31 through February 3, in Phoenix, Arizona, at the Phoenix Convention Center Downtown.

The following is brief synopsis:

The value of all land and buildings on farms across the United States increased in 2017.

Values across the United States, averaged $3,080 per acre, up 2.3 percent from 2016. Farm land and buildings increased the most across the Pacific States, increasing in value by nearly 9 percent on average. States in the Northern Plains saw a decrease in farm land and farm buildings of nearly 2 percent.

Cropland values across the United States were about $4,090 per acre, which was the same value the year before. The Southern Plain states saw a 6 percent increase in cropland values. Lowest price cropland farms were in the Northern Plains, indicated in a recent USDA press release.

Pasture land value increased 1.5 percent over 2016 values, across the United States. The strongest increase in values for pasture land, about 3 percent, were in the Delta States. Corn Belt states saw the biggest decrease in pasture land values, which were down about 1.7 percent according to a recent USDA release. It shows the lowest farm real estate values were in the Mountain States.

NORTHWEST – FARMLAND REAL ESTATE – VALUES

Idaho – Increased 4.0 percent
Oregon – Increased 5.0 percent
Washington – Increased 5.3 percent
Montana – Increased 2.0 percent
California – Increased 10.1 percent
Nevada – Stayed the same
Wyoming – Stayed the same

Knipe Land Company was founded in 1944. For 74 years, it along with Knipe Land Northwest, llc, and Knipe Land North, llc, have been one of the leaders of real estate, farm, ranch, timberland, and natural resource sales in the Idaho and the across the Western States. Sales include the largest contiguous ranch in America and several other very large cattle ranches, commercial farms, timbered tracts, and other exclusive real estate holdings, investments and acquisitions. Knipe belongs to 5 Multiple Listing Services across the Northwest, places its listings on up to over 500 web sites, and has exclusive marketing rights to advertise in The Range Writer Magazine. Its readership is over 380,000 people including the Fortune 500 CEO’s, 1,000 Highest Paid CEO’s, thousands of Hollywood and Sport Celebrities, the largest land developers in America, many larger land owners, farmers, ranchers, business professionals and many others. John Knipe is the Managing/Designated/Principal Broker of these three real estate firms. Knipe was awarded the highest award a Realtor can receive “Realtor of the Year” in 2015. Knipe holds 9 advanced real estate designations including Senior Accredited Land Consultant – Certified Land Broker – Chartered Land Broker – and Certified Land Consultant.

If you are in need of real estate consulting, are buying or selling real estate, or would like more information on Idaho, Oregon, Montana, or Washington real estate, cattle ranches, farms, natural resources, timberland, development land, and land for sale, contact John Knipe: john@knipeland.com,  or call 208-345-3163.

Knipe Land Company is “The Trusted Brand for 7 Generations in Idaho and the Northwest”