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

BY: RJB Patricio
POSTED: September 27, 2021
IN: General
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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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