Louisiana Pastureland Values Reach New High

By Rhonda Brooks, Farm Journal Media

The average value for U.S. pastureland rose 1.5% this year to $1,350 per acre, according to the U.S. Department of Agriculture (USDA) 2017 Land Values Summary reported in August. The largest boost was in Louisiana, which saw a jump of 3.8% to $2,700 per acre, followed by Arkansas at a 2.9% increase to $2,520 per acre.