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September 27, 2021

Farmland Values Rising Faster in Western Corn Belt Vs. the East, Will It Continue?

According to Farmer Mac’s The Feed Fall Edition, USDA shows overall farm real estate values in the U.S. are up 7% compared with 2021. Jackson Takach, Farmer Mac economist, says when you adjust for inflation, farmland returns are still on solid footing and viewed as a safe investment.

“Farmers all the way to institutional investors look at farmland as a good hedge to inflation. Historically, it has been like most real assets — it has performed very well against rising inflation when in an inflationary environment,” Takach says. “That's certainly at play today when people think about a good safe storage for the U.S. dollar in a higher price environment. Farmland is part of that discussion, as it should be.”

REPOSTED FROM AGWEB.COM.- READ FULL ARTICLE HERE

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