Think Out Loud

Oregon farm real estate values outpacing national trends

By Allison Frost (OPB)
June 24, 2024 10:58 p.m. Updated: June 25, 2024 9:07 p.m.

Broadcast: Tuesday, June 25

FILE: Golden fields and storm clouds, over a farm in Dayton, Ore., July 17, 2023.

FILE: Golden fields and storm clouds, over a farm in Dayton, Ore., July 17, 2023.

Kristyna Wentz-Graff / OPB

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The latest data made available by the USDA Census of Agriculture show that the value of Oregon farmland has increased by 23% over a five-year period, compared with just 7% nationally. Dan Bigelow is an assistant professor in the department of Applied Economics at Oregon State University. He’s been analyzing this census data to create a fuller picture of Oregon farmland, including who agricultural producers are, the size and sales of the farms and their estimated land values. He joins us to share his interpretation of what these numbers mean for the overall availability of farmland for agricultural use in the future.

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