Farmland, News Desk
- November 27, 2018
-
Views: 28
Farmland Values Remain Robust
Surveys in Nebraska, Illinois, Indiana, and Iowa show strong, steady farmland values according to Successful Farming. An overall trend that supports the surveys’ findings is that when land comes available in today’s market, farmers have proven to be aggressive bidders. One theory is that during the peak in prices in 2014, many farmers saved their money to increase future purchase power, and they feel the time is right to add to their holdings. In addition, while prices are steady, they are down 15 percent to 30 percent from the highs of five years ago, which makes today’s prices seem attractive. Add in historically low interest rates with low supply and high demand, and buyers are ready to snap up newly available farms. Another factor? An increasing global population needs more food – and farms that produce crops.
Click here to read more.
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
Stan Kroenke Acquires Waggoner Ranch
Established in 1849, the Waggoner Ranch spans six Texas counties and covers almost 800 square …
Land Report Top 10: Jackson Land and Cattle Ranch
Jackson Land and Cattle Ranch is a remarkably beautiful 1,750 acre ranch literally on the …
Offshore Wind Farm Near Hearst Ranch Pushes Forward
Officials with the Central California city of Morro Bay have signed a good-faith agreement with …
Elk Creek Ranch Acquires Seven Lakes
For those who are passionate about outdoor pursuits, the next great adventure can’t come soon enough.