From 2017 to 2022, the average value per acre of all American farmland grew from $4,368 to $5,354, an increase of nearly 23%, according to USDA data on the market value of farmland and its buildings.

Article excerpts:

“As Jess Bray pulled up to a 21-acre farm nestled in an eastern Oklahoma valley, she instantly got a warm feeling. “This is the place,” she thought.

After attempting to buy two other properties before being outbid by cash buyers, Bray and her husband Jon began to wonder whether their dream of owning and operating their own farm would become a reality.

“We always wanted to farm, but we aren’t trust fund kids, we didn’t grow up in agriculture … we didn’t have a farm handed down to us, so it wasn’t something that was very accessible to us,” Bray said. “This was a dream come true … but it wasn’t without challenges.”

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