Agriculture

Lower quality Kansas farm ground falls in price in 2016

Green wheat waves in the wind before a backdrop of a spring thunderstorm near the Kansas/Oklahoma border in May.
Green wheat waves in the wind before a backdrop of a spring thunderstorm near the Kansas/Oklahoma border in May. Travis Heying File photio

The price of high quality farm land in Kansas has remained strong in 2016, despite lower crop prices, according to brokerage Farmer’s National.

Irrigated crop land remains at about $5,000 an acre, the same as last year, and is still selling well.

But lower quality ground, while is still high historically, is down a lot from its peak of three to four years ago, according to the company.

This story was originally published July 20, 2016 at 10:31 AM with the headline "Lower quality Kansas farm ground falls in price in 2016."

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