Welcome to the 2020 edition of Savills Global Farmland Index.

At this time of worldwide uncertainty, there is an underlying sense of confidence across the global farmland markets that historically have been reliable performers in economically turbulent times. While the full effect of the pandemic on global farmland values is still yet to be determined, the sector’s performance over the last decade can be described as a game of two halves. The first, a post-global financial crisis (GFC) bounce as high commodity prices and rising institutional interest spurred growth of farmland. The second, a period of ‘treading water’, where growth stagnated as income returns were challenged by lower commodity prices and higher capital bases.

At Savills, we monitor global farmland markets with our partners, and in this publication seek to dissect some of the structural drivers of farmland value that can be hidden in the veil of agricultural policy and taxation. Through a series of regional summaries, we highlight the key influencers on farmland performance and value trends.

We hope you find this publication interesting.

Richard Binning

Director of Farms and Estates

_{Read the articles within Global Farmland Index below.}