BOSTON, MA — AgIS Capital is pleased to offer our newly released State of the Market Report for Spring 2024.

This issue discusses how the referenced trends affect current and future farmland investment performance. We also review the National Council of Real Estate Investment Fiduciaries (NCREIF) Farmland Index and offer context and commentary on the asset class’s recent and projected performance based on macroeconomic trends. Finally, we examine the causes of the historically low-income performance of permanent crops since 2020, with particular focus on nut crops.