Tuesday, October 23, 2012

Rising Farmland Prices

The New York Times reports that farmland prices are rising, even with one of the worst Midwest droughts in decades.  Part of the increase in price is due to lowering interest rates and risk in financial assets.  Thus the demand for farmland is in part due to the use of the land - growing agricultural products that are currently increasing in prices and part due to investment demand.

No comments: