How California’s Specialty Crop Land Market Changed in 2025 and What Comes Next
California’s agricultural land market is unlike anywhere else in the country, and right now it’s navigating two forces at once: collapsing commodity prices for specialty crops like almonds and pistachios, and sweeping groundwater pumping restrictions that are rewriting land values from the ground up. Brian Neufeld, a land agent based in California’s Central Valley with licenses across Alabama, Florida, and Georgia, breaks down what those forces mean for buyers and sellers heading into 2026. He covers how water supply has become the first question every buyer asks, why some properties have sat unsold while sellers wait for a market that may not return, and where hidden value exists in so-called “white land” areas with restricted water delivery. For investors willing to do the underwriting work, Brian sees opportunity in a market that is painful today but structurally limited in supply long term.
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