Items by Steve Isaacs | Extension Professor
2025 Farmland Values
By Steve Isaacs | Extension Professor
Published on Sep. 3, 2025
USDA releases the results of their annual survey of farmland values each August. The 2025 report indicates that national farm real estate values increased by 4.3% to an average of $4,350/ac. Kentucky farm real estate values increased 3.4% to an average of $5,480/ac.
2025 Farmland Values
By Steve Isaacs | Extension Professor
Published on Aug. 31, 2025
USDA releases the results of their annual survey of farmland values each August. The 2025 report indicates that national farm real estate values increased by 4.3% to an average of $4,350/ac. Kentucky farm real estate values increased 3.4% to an average of $5,480/ac.
2024 Farmland Values
By Steve Isaacs | Extension Professor
Published on Aug. 29, 2024
According to USDA estimates from their annual Land Values Summary, Kentucky’s average Farm Real Estate Values increased 7.5% in 2024 to $5,300/acre, up from $4,930 in 2023. Figure 1 is a comparison of Kentucky land values with the national trend since 2000.
Capital Investment Analysis
By Steve Isaacs | Extension Professor
Published on Nov. 29, 2023
Several years ago, a farmer I knew fairly well gave me a call. He was considering an investment in some new haying equipment and wanted to pick my brain, a task that usually doesn’t take very long. This is a good farmer. He grows high-yielding, high-quality crops and cattle.
Beef Enterprise Budgets
By Greg Halich | Associate Extension Professor,
Kenny Burdine | Extension Professor,
and Steve Isaacs | Extension Professor
Published on Nov. 1, 2023
This publication contains budgets for production of selected livestock enterprises in Kentucky. The purpose of these budgets is to serve as a management and decision-making guide for current and prospective producers of these enterprises.
2023 Farmland Values
By Steve Isaacs | Extension Professor
Published on Sep. 8, 2023
Each August the USDA releases the results of their survey of farmland values. The survey includes data from approximately 9,000 tracts of land of about one square mile each across the continental United States.
An INFORMATION System
By Steve Isaacs | Extension Professor
Published on Jul. 28, 2023
Recordkeeping. Root canals. Airline seats. Kidney stones. Boring relatives. Wet dogs None of them are pleasant. Some should be avoided. Some of them are pretty important though. Keeping records for the farm business, for instance. Not pleasant (usually) but certainly important.
The PRIMER Method
By Steve Isaacs | Extension Professor
Published on May. 30, 2023
The calls or emails start with, “I’m thinking about trying….” and end sometime later with, “What do you think?” For three decades I’ve fielded many of these inquiries. Extension agents get them with incredible frequency.
More with Less…. Really?
By Steve Isaacs | Extension Professor
Published on Nov. 29, 2022
We’ve all heard it. Budgets are tight. Profits are down. Vacancies are not filled. People are laid off. So… those who are left have to do their own jobs… and the jobs of those who aren’t here… and we’re going to do MORE? REALLY?
2022 Farmland Values
By Steve Isaacs | Extension Professor
Published on Sep. 29, 2022
Kentucky’s farm real estate values increased 8.8% according to the annual Land Values Summary released by USDA in August. Average real estate value in the Commonwealth increased to $4,350 per acre, up from the $4,000 per acre reported in 2021.
