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WICHITA, Kan. (AP) - A new government report shows rising farmland values across Kansas.
The Agriculture Department reported Thursday that the average value of an acre of farm real estate in Kansas was $1,750 in 2013, up from $1,510 the previous year. It is also a big jump compared to 2009 when that same acre was valued at $1,010.
Land used to grow crops was valued for 2013 at $1,930 per acre, up from $1,650 an acre the previous year.
Irrigated cropland for 2013 was worth even more with the government pegging irrigated cropland at $2,760 an acre and non-irrigated cropland at $1,840 an acre.
Kansas pasture land was valued last year at $1,150 per acre, up from $938 an acre a year earlier.
© Associated Press
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