It’s no secret to anyone involved in area agriculture that land prices have skyrocketed the past few years.
You don’t need to be a rocket scientist to figure out that the combination of high crop prices and terrific yields makes farmland more attractive and provides would-be buyers with the cash to pay more. Low interest rates — hard to get too excited about investing farming profits in CDs at 1 percent — make farmland seem like an even better deal.
A new survey finds looks at just how much land values have risen in the past year. You can read <a href=”http://www.agweek.com/event/article/id/18019/”><b>the story</b></a> on Agweek’s website or in the Feb. 28 print issue of Agweek.