Farmland Prices Have More Stability Than Recent Prices May Show
Recent data by the Federal Reserve banks indicate that Cornbelt farmland values had risen between 22% and 25% during the past year. That rate of increase had not been seen since the mid-1970’s. USDA Wednesday released 30 year data that does not come close to indicating such rapid ascents in land values, but does raise a question whether there is a bubble within land values. Such a possibility will raise concerns among policy makers who are considering a new Farm Bill. How will that affect their thinking?
Posted by Stu Ellis on 02/23 at 02:16 AM | (0) Comments | Permalink
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