Farmland, News Desk
- February 17, 2011
Indiana Farmland Skyrockets in Q4
Warning: Undefined array key "separator_height" in /home/domains/dev.landreport.com/public/wp-content/plugins/jet-tricks/includes/addons/jet-unfold-widget.php on line 942
A combination of global and regional factors, including increased demand for grain, falling yields, and rising commodity prices, propelled the value of top-tier Indiana farmland as much as 25 percent in the final quarter of 2010.
The usual rate? Over the last 25 years, Indiana farmland values have appreciated 5.4% annually. As 2010 came to a close, that number doubled and in some cases more than tripled.
“It’s just been astonishing,” farm manager Steve Slonaker told The Indianapolis Star. “The fourth quarter was the biggest increase I’ve ever seen in farmland value,” said Slonaker, who also brokers for Schrader Real Estate & Auction Co.
Warning: Undefined array key 0 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34
Warning: Undefined array key 1 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34
RELATED ARTICLES
2020 Farmland Deal of the Year
By Christina Holbrook | Photography courtesy of Ferrari-Carano Here’s to the 2020 acquisition of Ferrari-Carano Vineyards …
Sold! 32,000 Acres of Oregon Timber and Grazing Land
Realty Marketing/Northwest and Fay Ranches recently completed the second portion of a two-part, $18.5 million …
New Tax Law Impacts Estate Planning
While the American Taxpayer Relief Act of 2012 (ATRA) primarily addressed income taxes, the new …
Elk Creek Ranch Acquires Seven Lakes
For those who are passionate about outdoor pursuits, the next great adventure can’t come soon enough.
