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land prices & value
Top Producer Seminar presentation by Dr. Brent Gloy.
Read MoreRapid increases in agricultural incomes and asset values have brought back memories of previous booms and busts. Henderson, Gloy, and Boehlje (2011) chronicled previous agricultural booms and busts noting that they have often corresponded to rapid expansions and contractions of agricultural exports. As in previous eras, today’s agricultural boom has been fueled by increases in export demand. A key difference however, is the dramatic increase in domestic demand associated with the use of biofuels.
Read MoreAfter the weather, farmland values might well be the second most popular topic of conversation among farmers. Those with more than 30 years of experience in farming likely remember the 1980s with clarity.
Read MoreFarmland is a critical asset in the agricultural sector. Recent increases in farmland prices have generated considerable discussion of the level of farmland values. This paper describes some of the key characteristics of the farmland market, the market forces impacting farmland values, and how farmland values are determined.
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