(Part 2) Indiana Farmland Cash Rental Rates 2023 Update

Purdue ag economists Todd Kuethe, James Mintert and Michael Langemeier discuss cash rental rates for Indiana farmland in this, the second of two episodes discussing the 2023 Purdue Farmland Values and Cash Rents Survey results. Each June, the department of agricultural economics surveys knowledgeable professionals regarding Indiana's farmland and cash rental market. The 2023 survey results confirm that, statewide, average cash rental rates for Indiana farmland rose about 2% above 2022's rates. However, changes in rates across Indiana's 6 regions were not uniform with rental rates in some regions and for some land quality types actually declining.

To learn more about Indiana's 2023 farmland values, you can listen to the first of two podcasts in this series for a wide ranging discussion on Indiana farmland values with professors Kuethe, Langemeier and Mintert.

Podcast provided by Purdue University's Center for Commercial Agriculture. Slides and the transcript from the discussion can be found at https://purdue.ag/agcast142.

New! You can find the FULL video episode on our YouTube channel. Visit https://youtu.be/_r5ZQej9Wvg to subscribe and watch.