Price dip for arable land, grassland more expensive again

The average land price in the first quarter of 2025 remained the same as in the last quarter of last year. This is evident from the quarterly report of the Land Registry. There are underlying shifts: the price of arable land has fallen slightly, while grass and silage maize land have further increased in value.

The average land price in the first three months of this year was €91.400 per hectare. This puts an end to the quarter-on-quarter increase. Compared to the whole of 2024, there is an increase of 7%. Compared to the previous quarter, arable land took a step back and fell by 4% to €100.700 per hectare.

Grassland rose by 4% to €82.500 per hectare. This is the second increase in a row after a dip in the third quarter of 2024. The price of silage maize land is the biggest riser with an increase of almost 9% to €96.000 per hectare.

Lots of trade
A relatively large amount of land is being traded. In the fourth quarter of 2024, 15,2% more (11.700 hectares) of land was traded than in the same quarter a year earlier. In the whole of 2024, 31.500 hectares of land were traded, which represents an increase of 15,1%. These figures are in line with the voices of the Rabobank which indicates that the demand for land is high today.

Groningen has risen the fastest
The average land price varies greatly per province, as is known. Flevoland remains the most expensive province despite a slight decrease with €184.100 per hectare, while Friesland has the lowest average price with €62.200 per hectare. With +11% to €83.500, the province of Groningen was the biggest climber in the first quarter.

Wouter Job

Wouter Baan is editor-in-chief of Boerenbusiness. He also focuses on dairy, pig and meat markets. He also follows (business) developments within agribusiness and interviews CEOs and policymakers.

w.baan@boerenbusiness. Nl

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