We are thrilled to announce that Land.com has recently acquired AcreValue®, significantly enhancing our ability to provide the most intelligent and data-driven land information.
The timing of this announcement couldn’t underscore the importance of land data enough as AcreValue has been working with FarmerMac to introduce the Farmer Mac Farmland Price Index (FPI).
This innovative index offers a comprehensive and timely view of national farmland price trends, based on actual sales transactions and appraised values. Updated quarterly, the FPI provides valuable insights for farmers, investors, and policymakers, helping to bridge the informational gap in farmland value trends based on actual sales transactions and appraised values. Until now, farmland pricing has only been updated by the USDA on an annual basis and derived from voluntary surveys.
Stay tuned for future updates, including regional and state-level indices for more detailed market insights.
