What Price Farmland?

William H. Heneberry and Charles H. Barnard

No 344089, Miscellaneous Publications from United States Department of Agriculture, Economic Research Service

Abstract: The fall in farmland values in the early 1980’s was the first such major decline many farmers can remember. Except for slight setbacks in 1939, 1950, and 1954, values had risen steadily for nearly half a century, culminating in nine consecutive years (1973-1981) of double-digit annual increases in value. Understanding why farmland values change depends very much on understanding of how farmland itself has changed.

Keywords: Land; Economics/Use (search for similar items in EconPapers)
Pages: 4
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersmp:344089

DOI: 10.22004/ag.econ.344089

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