NEWS
No Land Crash Ahead?
Marcia Zarley Taylor DTN Executive Editor
Mon Sep 30, 2013 10:46 AM CDT

OMAHA (DTN) -- Reports of farmland's demise may be a premature, a growing number of mortgage lenders and appraisers say.

Since late 2012, Federal Reserve farmland surveys have sent mixed signals throughout real estate circles, with land in southern Iowa plunging 9% between April and July while other regions showed modest gains for the quarter. Irrigated farms in Kansas and the mountain states sizzled with 30% or better annual gains at mid-year, according to the most recent Kansas City Federal Reserve report.

While farmland appreciation is slowing, ag real estate hasn't yet retreated from its all-time highs and may have ...

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