The United States farm real estate value, a measurement of the value of all land and buildings on farms, averaged $3,010 per acre for 2016, down $10 per acre (0.3 percent) from 2015 values.

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Regional changes in the average value of farm real estate ranged from a 3.3% increase in the Pacific region to 4.3 percent decrease in the Northern Plains region.

in the average value of farm real estate ranged from a 3.3% increase in the Pacific region to 4.3 percent decrease in the Northern Plains region. The highest farm real estate values were in the Corn Belt region at $6,290 per acre.

values were in the Corn Belt region at $6,290 per acre. The Mountain region had the lowest farm real estate value at $1,110 per acre.

had the lowest farm real estate value at $1,110 per acre. U.S. cropland value decreased by $40 per acre (1.0 percent) to $4,090 per acre from the previous year.

value decreased by $40 per acre (1.0 percent) to $4,090 per acre from the previous year. In the Southeast region , the average cropland value increased 4.0 percent from the previous year.

, the average cropland value increased 4.0 percent from the previous year. The Northern Plains region , cropland values decreased by 5.4 percent.

, cropland values decreased by 5.4 percent. The U.S. pasture value remained constant at $1,330 per acre.

value remained constant at $1,330 per acre. The Delta region had the highest increase of 3.9 percent from 2015.

had the highest increase of 3.9 percent from 2015. The Northeast region had the highest decrease in pasture land at 2.6 percent.

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