2026 Mid-Year Update

We’re pleased to share our 2026 Mid-Year Update, which examines key forces shaping U.S. agriculture and farmland markets in 2026. Ongoing trade negotiations, geopolitical volatility, elevated input costs, evolving farm policy, and changing farmland value trends are influencing profitability and investment opportunities across the sector.

While near-term conditions remain challenging for many farmers, these same dynamics may create compelling opportunities for long-term equity capital. We hope you’ll find the paper useful as you evaluate the current environment and the role farmland can play in diversified portfolios.