Farmland values declining but a collapse is unlikely
Farmland values and rental rates declined modestly in the first half of the year, “and it appears that downward pressures are likely to continue into 2016,” say economists Gary Schnitkey, Bruce Sherrick and Todd Kuethe of U-Illinois. “While headwinds related to farm income will likely continue, current farmland prices do not appear out of line… » Read More
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