NEWS
Land Inflation Is No Cushion
Marcia Zarley Taylor DTN Executive Editor
Tue Feb 12, 2013 03:18 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
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Rates Too Low Too Long Discounted interest rates have led to unintended consequences in land values, a shortage of funds...
  • Center Pivots Take a Beating Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska al...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • A Hunger for High-Tech The Gruhlkey brothers of Wildorado, Texas, are using technology and thoughtful cropping choices t...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • No More Outlaw Vets Veterinarians can start breathing a little easier now when they go to work, without the fear that...
  • Ask the Vet My vet diagnosed anaplaz and I've never heard of that.
Related News Stories
Klinefelter: By the Numbers
Who Burned the Beans?
Rates Too Low Too Long
Farmland: Trophy or Investment?
Under The Covers
Land Conversion May Be Overstated
View From the Cab
Using Zoning Regs to Ban Fracking
Keystone Action Coming
A Hunger for High-Tech