2024 Annual Review and 2025 Outlook

Farmland is a resilient asset class that generally produces positive returns during challenging times. Returns for the asset class softened in 2024 due to declining profitability. The NCREIF Total Farmland Index, representing a broadly diversified farmland portfolio, returned -1.0% in 2024 — it’s first negative return since its inception more than 30 years ago.

Enter your information below to see a detailed review of farmland’s 2024 performance and to learn where we see opportunities in the year ahead.