U.S. farmland values to fall 20 percent in ‘moderate repricing’

MetLife Agricultural Finance says low corn and soybean prices are constraining farm income and will lead to the “first significant correction” in farmland values since the agricultural recession of the mid-1980s, reported Agrimoney. The lender forecast land prices to fall 20 percent by 2018 from their recent peak. “Declining cash receipts will lead to a… » Read More