Farmland Prices
Participants talked about rising prices on farmland and investment speculation that the rising prices had encouraged. The price of farmland … read more
Participants talked about rising prices on farmland and investment speculation that the rising prices had encouraged. The price of farmland in America had doubled over the past decade. Low interest rates and record high crop prices had further spurred interest in investment. FDIC Chair Sheila Bair said that while she did not see an immediate problem, the sharp increase in farmland prices created a potential for agricultural “bubble.” close
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