Farmland Price Outlook: are Farmland Prices Too High Relative To Returns and Interest Rates?

Gary Schnitkey ( October, 2010 )

Summary

Unlike many other assets, farmland prices have not fallen during the recent troubled economic times. This has led to questions on whether farmland prices will have large price declines similar to those experienced by many stocks during 2009 or by farmland during the 1980s. In this article, evidence is presented suggesting that land price declines are not likely in the near future.

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Publisher

University of Illinois

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403

Material Type

Written Material