Ag Land

Agricultural Land Values set to decrease for 2019-2020

Christmas came early for the Missouri Cattlemen’s Association (MCA) after the Missouri Tax Commission voted to not increase property taxes for tillable land and a 7 percent decrease in taxes for pasture ground (classified as grades 5-7). Land classified as grade 8 received a 3 percent decrease....

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Property Taxes on Farmland Set to Rise Next Year

JEFFERSON CITY, Mo. (AP) - Missouri farmers will get a larger property tax bill next year under a plan state lawmakers are allowing to take effect. Property taxes paid for Missouri farms are based on the land’s productive value rather than its market value. The Missouri State Tax Commission...

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