FARM BUSINESS NEWS
Land Markets Need a Time Out
Marcia Zarley Taylor DTN Executive Editor
Thu Mar 28, 2013 03:32 PM CDT

WEST LAFAYETTE, Ind. (DTN) -- The glory days of a farmland real estate market may not yet be over, but buyers should be growing increasingly cautious, Purdue University economists warned at a farmland seminar here this week. What's more, operators tempted to set land records for the farm next door shouldn't delude themselves by assuming their average land costs will cover up an over-priced purchase.

Farmland prices are disconnected from the fundamentals, Purdue economist Mike Boehlje told a crowd of 100 farmers, realtors and lenders gathered after a daylong land seminar here. "The only question is whether it will be ...

Quick View
  • Is Your Burndown Working? A cool, wet spring and the spread of herbicide-resistant weeds mean farmers should take the extra...
  • Gains on Covers It took Jerry Doan several years and a lot of trials, but the North Dakota beef producer has lear...
  • Side-by-Sides and Cool Helmets Side-by-side manufactures continue to roll out new machines and machine updates. Here are two more.
  • Stress Test for Borrowers Farm finances rate an "A" now, but economists debate if that's good enough to handle a major corr...
  • Senators Question EPA A group of U.S. senators Wednesday told President Barack Obama that his administration has not fo...
  • Climate Work Ahead at USDA Ag Secretary Tom Vilsack spoke about GOP complaints regarding the Obama administration's work wit...
  • Full-Circle Farming Bill Couser sees farming as a full circle. If it comes off the farm, it can go back into the farm.
  • Making the Grade What if corn isn't cheap the next five years? Fickle price projections can sway farm bill choices.
  • Ask the Vet What's my best bet for fly control?
Related News Stories
Ag Interest Rate Snapshot
Minding Ag's Business
Minding Ag's Business
USDA Eyes Rural Investment
Klinefelter: By the Numbers
Adverse Weather Hurts DuPont Earnings
Cost of Carry Calculation
Stress Test for Borrowers
Agricultural Adventure
CHS Expanding Propane Storage