Farm Values In CA Hit Record Levels

According to the National Agricultural Statistics Service (NASS) 2013 California’s average farm real estate is valued at an all-time record $7,300 per acre.

This amount is $100 above the previous record set in 2012. Annual California farm real estate values have continually increased since 1994.

Irrigated cropland at $12,500 per acre increased $500 per acre compared with last year’s estimated value. Non-irrigated cropland at $3,600 per acre was up 1.4 percent from last year. All cropland at $10,190 per acre was up $380 per acre from last year. The average value of pastureland at $2,800 per acre was equal to the previous year.