Valuing and Buying U.S. Farm Land, With Consideration of Non-Ag Features

Terry L Kastens and Kevin C Dhuyvetter ( August, 2011 )

Summary

The purpose of this publication is to provide background for users of the KSU-Landbuy.xls spreadsheet, which is a computer-based tool to help agricultural land buyers and sellers make more informed decisions. Farmland purchase and renting decisions invoke considerable consternation and emotion. This paper focuses on buying farm land, but also on expected rates of return from farm land investment.

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