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Farmland
Agriculture is a notoriously cyclical industry, and is now experiencing one of its “boom” times. Given agriculture’s previous boom and bust cycles, it is logical to ask what might be different this time – will today’s robust incomes and wealth continue and what are the consequences if they do not?
Read MoreIntroduction For Indiana farmland values, it seems that history may be repeating itself. Just like the early 1970s, strong grain prices, robust net farm incomes, favorable interest rates, competitive farmland demand, and a limited supply of farmland offered to the
Read MoreFarmland is a critical asset in the agricultural sector, comprising 85% of the assets in production agriculture. Soaring farmland values have generated considerable national news attention and given rise to questions about the factors driving farmland values higher and whether current farmland values are reasonable.
Read MoreWith a credit crisis, bankruptcies of business icons, turmoil in the housing industry, stock market uncertainties, and declining crop margins, are sharply falling Indiana farmland values the next item of bad news? To gather information about changes in farmland values
Read MoreState‑wide Farmland Values With the sharp increase in grain prices, it probably is no surprise that the 2008 Purdue Farmland Value and Cash Rent Survey found farmland value and cash rent moving higher. On a state‑wide basis, the average value
Read MoreWhat a difference a year can make. Last year at this time, there were questions about whether or not farmland values were nearing a top. There are no such discussions this year. This year the question is “How high might farmland values
Read MoreStatewide Land Values After several years of increasing values, some people wonder if farmland values may have reached their top. They point to several factors – sharp increases in energy and fertilizer prices used in crop production, continued low
Read MoreStatewide Land Values The June 2005 Purdue Land Values Survey found that on a state-wide basis bare Indiana cropland ranged in value from $2,367 per acre for poor land, to $3,556 per acre for top land (Table 1). Average bare
Read MoreThe June 2004 Purdue Land Values Survey found that on a state-wide basis bare Indiana cropland ranged in value from $2,131 per acre for poor land, to $3,278 per acre for top land (Table 1). Average bare Indiana cropland had
Read MoreThe June 2003 Purdue Land Values Survey found that on a state-wide basis bare Indiana cropland ranged in value from $1,966 to $3,035. These values are based on 323 surveys received from professionals that are knowledgeable of Indiana’s farmland market.
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