NEWS
Land Inflation Is No Cushion
Marcia Zarley Taylor DTN Executive Editor
Tue Feb 12, 2013 03:21 PM CST

CABO SAN LUCAS, Mexico (DTN) -- U.S. agriculture is underestimating its vulnerability to another adjustment in land prices, Purdue University economist Mike Boehlje told 150 farmers attending the annual AAPEX meeting in Cabo San Lucas, Mexico, this week.

With Iowa land auctions bringing more than $20,000 an acre in some cases this winter, "the question isn't whether we're in a boom, it's how long the boom will last and what the bust will look like," he said.

Optimists have contended that the surge in farm net worth will cushion any blow should land values correct any time soon. Some economists ...

Quick View
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Cattle Market There may be a little less bull in this fall's calf market, but the fundamentals still spell oppo...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Cash Rent Reset - 1 With sub-$4 corn forecast for multiple years, growers need to make a preemptive strike on their 2...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Senior Partners - 5 This fatherly financial advice is meant to prevent heartaches should the farm economy suffer anot...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl answers readers' questions on depreciation recapture, defining a "true" lease and ...
  • Ask the Vet Does my calf have a hernia and is it repairable?
Related News Stories
Minding Ag's Business
Minding Ag's Business
Ag Interest Rate Snapshot
Woodbury: Farm Family Business
Labor Pains - 2
Syngenta to Sell Seed Business
Minding Ag's Business
Ask the Taxman by Andy Biebl
State of the Industry
Railroads Gear Up for Harvest