According to a report from Spain's Ministry of Agriculture, Fisheries and Food, the average price of agricultural land in that country stood at 10,248 euros per hectare in 2024, equivalent to about 11,870 dollars at the current exchange rate. This value increased by 2.8% compared to the previous year and by 13.8% since 2020. The provisional data from a Survey on Cropland Prices published on the Ministry's website and reproduced by the EFE agency show that the upward trend is supported by a higher valuation of land dedicated to nuts and rice, while plots dedicated to vineyards showed the largest declines. According to this report, the Canary Islands remains the region with the highest price, at 148,415 euros per hectare, due to the high value of land allocated to bananas. It is followed far below by the Region of Murcia, with an average price of 33,180 euros per hectare. Meanwhile, the lowest prices are located in dryland cereal areas in Castilla y León (5,115 euros per hectare) ...