Top Farmer Conference: January 5, 2024

Explore key factors influencing the U.S. economy & biofuels future. Join us for a one-day conference that will stimulate your thinking about agriculture's future and how you can position your farm to be successful in the years ahead. Attend in person in West Lafayette, Indiana or join us remotely.

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land prices & value

Farmland Values – Will the Boom Turn Bust?

Rapid 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.

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Farmland Values: Perspectives from the Field

After 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.

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